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Stiebel Eltron agreed to acquire a majority shareholding in Zimmermann Lüftungs- und Wärmesysteme, a Freudenberg, Germany maker of heating and heat-recovery systems under the Proxon and Atarus brands.
“Through its investment STIEBEL ELTRON will thus participate in a further market segment in the future.”buse.de
Summarized from public sources; check the original articles before acting on it.