Gränges invests EUR 4.4M for 51% stake in GETEK GmbH

Gränges invests EUR 4.4 million in cash for 51 percent of GETEK GmbH, a company producing aluminium billets using spray-forming technology. Erbslöh Aluminium GmbH will own 49 percent.

“Through the investment, we secure competence and the supply chain within advanced spray-forming technology, well suited for the next generation of materials for heat exchangers.”prep.granges.com

• 1 source
• prep.granges.comGränges invests in advanced spray-forming technology production | GrängesAug 29, 2017

Summarized from public sources; check the original articles before acting on it.