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German valve company ARI-Armaturen Group bought all outstanding shares of Hogfors Oy, a Finnish manufacturer of butterfly and ball valves used mainly in district heating and process industries, with Clairfield as exclusive financial advisor.
“Hogfors Oy, a Finnish manufacturer of butterfly valves, sold all outstanding shares to ARI-Armaturen Group, a German valve company.”clairfield.com
Summarized from public sources; check the original articles before acting on it.