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Varroc acquires all stake in Varroc-Elba joint venture
On December 9, Varroc Group announced that its subsidiary VarrocCorp Holding (VCHBV), Netherlands has acquired balance 30% stake of Varroc-Elba Electronics, held by the other joint venture partner, Elba, Romania for an aggregate consideration of EUR 1.05 million. Varroc Elba has become a ‘wholly owned subsidiary’ of ....
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