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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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