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Craftsman Automation, India expands into Europe: acquires German foundry for EUR 2 million
On July 23, 2024, Craftsman Automation Limited announced that its German subsidiary, Craftsman Fronberg Guss GmbH, has agreed to acquire assets of Fronberg Guss GmbH, an iron-casting foundry in Schwandorf-Fronberg, for EUR 2 million. Simultaneously, Craftsman Germany GmbH, another subsidiary, will purchase 100% equit....
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