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07 Jan
16:32

Knauf Interfer completes consolidation, sells plate unit

German steel distribution group Knauf Interfer has spun off its subsidiary in Magdeburg to Otto Stahl GmbH, which belongs to Union Stahl, a chain specialising in plate processing and distribution. With this sale, Knauf Interfer has completed its concentration process in favour of service centres focusing on cold-rolled strip and automotive blanks. In a matter of five years, it has divested its activites in long products and as a full-range supplier of tubes, which…
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