Tug takeover. (Machinery & Equipment Update).(Aquarius Group Ltd. acquires Douglas Equipment)(Brief Article)

Aquarius Group Ltd, a Hong Kong-based international manufacturing and trading company, has completed a multi-million pound cash acquisition of Douglas Equipment.

Another subsidiary of the Aquarius Group, Denson Enterprises Ltd, which specialises in the sale, servicing and maintenance of aviation ground support equipment, has for over 20 years been the distributor of Douglas Equipment's products in Asia and also operates the Douglas Far East and SE Asia Field Service Support facility out of Hong Kong. This strategic …