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Fertinger to acquire Hydro’s welded tube business in Remscheid, Germany
Hydro and Rupert Fertinger GmbH (Fertinger) signed a term sheet for Fertinger to acquire Hydro’s welded tube business in Remscheid, Germany. The Remscheid operations employ 124 people and was planned to be closed by Hydro at year end. The signed term sheet contains the principle terms of the transaction to sell the b....
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