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Action Construction Equipment approves business transfer agreement with ACE KATO – Business Upturn

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Action Construction Equipment approves business transfer agreement with ACE KATO – Business Upturn

Action Construction Equipment Limited (ACE) has announced the approval of a Business Transfer Agreement (BTA) with its joint venture company, ACE KATO Private Limited. The agreement, approved by the Board of Directors on 30th April 2026, involves the transfer of ACE's Heavy Cranes Business to ACE KATO on a slump sale basis. This strategic move will see the transfer of…

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