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Pennar Industries, through its subsidiary Pennar GmbH, agreed to acquire 100% of French aerospace machining company Cadnum SARL for EUR 180,000. The deal was signed on July 13, 2022.
“Pennar Industries announced that its wholly owned subsidiary, Pennar Gmbh, Germany has entered into share purchase agreement with Serge DUMAS on 13 July 2022 to acquire 100% equity in Cadnum SARL.”business-standard.com
Summarized from public sources; check the original articles before acting on it.