Action construction equipment(ACE), incorporated in 1995, is the leading manufacturer of mobile cranes (63% market share) and tower cranes (60%) in India. It has four segments: Cranes (66% of revenue), Material handling equipment (10% of revenue) & construction equipment (11% of revenue) and agriculture equipment (13 % of revenue). \r\n
Fairchem Organics operates in the specialty oleo chemicals segment where it manufactures niche products with diverse industry applications for the last two decades.Fairfax India Holdings, backed by the billionaire Prem Watsa, is the major promoter of Fairchem and they hold 53 percent stake