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North Lingyun Industrial Group acquires Kiekert
North Lingyun Industrial Group Co., Ltd has acquired Kiekert AG of Germany. Both companies signed an acquisition agreement in Beijing on March 13, 2013. 55% of the KieKert's shares will be owned by North Lingyun Industrial Group, 25% by Lingyun Industrial Group’s subsidiary, Henan North Xingguang Machinery & Electric....
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