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Nasdaq Stockholm-listed Indutrade has taken over Germany-based tool manufacturer Inovatools. Inovatools generates about €43 million in turnover and has over 250 employees.
“We see clear advantages in attracting a long-term and financially strong owner with Indutrade and planning profitable growth from an international perspective.”etmm-online.com
Summarized from public sources; check the original articles before acting on it.