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Bucher Hydraulics agreed to acquire an 80% stake in Wuxi Deli Fluid Technology, a Chinese hydraulic pump and compact power unit maker, forming a joint venture in Wuxi, Jiangsu. The deal is subject to Chinese government approval.
“Bucher Hydraulics, a division of Bucher Industries, has agreed to form a joint venture in China by acquiring an 80% stake in Wuxi Deli Fluid Technology Co., Ltd”motion-drives.com
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