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The Elmet Group Co. signed a definitive agreement to acquire ams OSRAM's tungsten and molybdenum manufacturing operations in Schwabmünchen, Bavaria, Germany, establishing its first EU manufacturing footprint for refractory metals. Closing expected in Q1 2027.
“We expect this acquisition to extend our vertically integrated tungsten and molybdenum platform into Europe, giving us a production base to serve customers there directly.”business.sherbrookerecord.com
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