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Moog agreed to acquire the global Rotary Transfer Systems business from Morgan Advanced Materials for €40 million in cash, including its manufacturing sites in Antweiler, Germany and Chalon-St-Memmie, France. Closing is expected within 60 to 90 days, subject to German regulatory approval.
“The purchase price is €40 million ($42 million U.S.) in cash”globenewswire.com
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