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GF Piping Systems signed a strategic partnership with Oxford Flow Limited, a UK startup, granting an exclusive license for its pressure-regulating valve in the water utility segment. GF will acquire a 23% minority stake in two steps until 2021; financial terms were not disclosed.
“GF Piping Systems, a division of GF, has signed a partnership agreement with Oxford Flow Limited., based in Oxford (UK).”gfps.com
Summarized from public sources; check the original articles before acting on it.