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Musashi Seimitsu to acquire Germany-based forging and machining parts supplier
Musashi Seimitsu Industry Co., Ltd. announced that it has signed an agreement with The Gores Group to acquire full ownership of Hay Holding GmbH, a holding company of the Hay Group, effective June 30, 2016. The transaction amount is EUR 361 million. The Hay Group, headquartered in Germany, has eight forging and machi....
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