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18 Dec
16:03

Investment company acquires German service centre from Stemcor

Stemcor has sold German steel service centre OKS Otto Knauf GmbH to a Munich-based investment company, Fidelium Parters. The buyer was established only this year and describes itself as a “…turnaround investor”, Kallanish learns from a Fidelium statement following the acquisition. It says it is experienced in complex corporate carve-out situations and focuses on businesses with operational improvement potential across Western Europe. Backed by…
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