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Weifu High-Technology Group to acquire 66% shares in IRD and set up subsidiary in Denmark
Weifu High-Technology Group Co., Ltd. announced plans to set up a new wholly-owned subsidiary in Denmark called SPV and have SPV’s subsidiary acquire 66% of the shares in Denmark-based IRD Fuel Cells A/S (IRD) from FCCT ApS for EUR 7.26 million. IRD is a fuel cell parts manufacturer established in 1990. It manufactur....
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