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Jiangsu Hengtong Power Special Conductors Co., Ltd. acquired the remaining 60% stake in Jiangsu Fujikura Hengtong Aerial Cable System Co., Ltd. from Fujikura Ltd., making it a wholly owned subsidiary renamed Jiangsu Hengtong Smart Grid Co., Ltd. The acquisition was completed on July 17, 2019, and the name change effective November 1, 2019.
“This acquisition allows Hengtong to have a complete offering for Overhead Systems.”hengtongaustralia.com
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