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06 Jul
09:02

Mitsui purchases UK pipe servicer STATS

Japan's Mitsui & Co has executed a 100% share purchase agreement with STATS (UK) Ltd to complete the acquisition this summer after the necessary approvals have been obtained, Kallanish notes. STATS mainly manufactures proprietary energy pipeline repair equipment and provides engineering services worldwide, according to the company's profile. It excels in the servicing of large-diameter, high-pressure pipelines, which requi…
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