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Kinperium Industries acquired a majority stake in K.A. Group, consisting of K-Tec Earthmovers and Ashland Industries, manufacturers of earthmoving scrapers and implements for construction, mining, and agriculture.
“Kinperium partnered with the owners and management of K-Tec & Ashland to acquire a majority stake of the company.”ktec.com
Summarized from public sources; check the original articles before acting on it.