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The Heico Companies LLC acquired KaRo Kanal- und Rohrreinigungsmaschinen GmbH, a German manufacturer of drain and sewer cleaning equipment, on May 31, 2017. KaRo will be integrated with Heico's existing subsidiary Rioned.
“The acquisition will further strengthen our position on the market and allow us to develop new initiatives that will benefit both companies.”rioned.de
Summarized from public sources; check the original articles before acting on it.