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Japanese auto parts maker Unipres has taken full control of UM Corporation in Biache-Saint-Vaast, France, previously partly owned by Magnetto, for an estimated €45 million. The company has been renamed Unipres France SAS.
“Unipres, fabricant de pièces en acier destinées aux constructeurs automobiles, annonce une prise de participation totale d'UM Corporation, à Biache-Saint-Vaast.”lagazettefrance.fr
Summarized from public sources; check the original articles before acting on it.