SCPE pumps $45m into Indian cryogenics firm
Standard Chartered Private Equity (SCPE) has paid INR2.5 billion ($45 million) for a minority stake in Inox India, a major global manufacturer of cryogenic storage and transportation equipment.
A precision engineering product, cryogenic storage equipment is used for the storage and distribution of liquefied gases used in industrial applications. The introduction of shale gas as a source of fuel...
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