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Kabra Extrusion - Davis-Standard Acquires Gloucester Engineering

By Religare

Kabra Extrusiontechnik Ltd has informed BSE that the Company (KET) holds minority stake in Gloucester Engineering Co., USA (GEC) which has sold its blown film business to M/s. Davis-Standard LLC, USA. The joint press release by them is attached.

Implication of this deal on KET will be known on receipt of further details from GEC.

Story first published: Monday, September 7, 2015, 23:00 [IST]
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