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GKN to acquire Turkish powder metal company
GKN announced that it has agreed the acquisition of Tozmetal Ticaret Ve Sanayi AS (Tozmetal). Tozmetal is a powder metal part manufacturer based in the Istanbul Ataturk Free Trade Zone, Turkey. With sales in 2016 of EUR 24 million, Tozmetal focuses much of its output on hydraulic pump components for European automot....
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