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Swedish holding company FAM AB completed its acquisition of Sandvik Process Systems (SPS), a supplier of industrial process solutions, from IPCO AB on 1 December 2017. The business will operate under the IPCO name after a branding transition.
“FAM AB has today completed the acquisition of Sandvik Process Systems (SPS) from IPCO AB.”asia.ipco.com
Summarized from public sources; check the original articles before acting on it.