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Palfinger AG acquired the 35% minority interest in Guima Palfinger S.A.S. from Compagnie Générale Vincent S.A.S., giving Palfinger 100% ownership. The transaction is planned to close in May 2022 and supports Palfinger's Strategy 2030 and global Hooklift strategy.
“This allows us to implement our localization strategy of producing in the region for the region.”ots.at
Summarized from public sources; check the original articles before acting on it.