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07 Jan
17:28

German distributor takes control of Czech tube processor

German pipe distributor Hoberg & Driesch has acquired a majority shareholding in Czech pipe company MUT Tubes and its subsidiary MUT Automotive after taking over a stake from Buhlmann group, it tells Kallanish. The acquisition makes the Düsseldorf-based distributor an international operation. The transaction is an important step in the expansion of processing activities, especially in the field of automotive, the management of Hoberg & Driesch says.…
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