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Magna Seating sells plant in São Joaquim de Bicas, Brazil to Neo Steel
The ABG Brasil Group, the controlling shareholder of the companies Neo Rodas and Neo Steel, announced that it has concluded the acquisition of the Magna Seating, a group company of Magna International, plant in Sao Joaquim de Bicas, Brazil. The plant produces rails and other metallic structures for automotive seats. ....
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