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Miba plans to form a joint venture with German Zollern BHW Gruppe, with Miba holding 74.9% and taking industrial leadership. The joint venture will combine their plain bearing activities and become part of the Miba Bearing Group, pending antitrust approval.
“Die Miba wird 74,9% der Anteile an dem Joint Venture halten und die industrielle Führerschaft übernehmen.”miba.com
Summarized from public sources; check the original articles before acting on it.