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600 Group Plc acquired the entire manual machine tools business of Kondia, formerly Spain's largest milling machine manufacturer, for EUR 50,000. The acquisition includes the Kondia name, all IP, and spare parts inventory.
“We are excited about adding another great brand to our lineup of machines and also the opportunity it gives us to grow the Kondia business both in North America and worldwide”metalworkingnews.info
Summarized from public sources; check the original articles before acting on it.