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OpenGate Capital has entered exclusive negotiations to acquire Extol from MCH and Fernando Busto. The acquisition is part of a strategy to create Aluminium Solutions Group (ASG), combining Extol with Aluminium France Extrusion. ASG will have four plants in France and Spain, employing around 800 people.
“The acquisition of Extol is related to the formation of a European group focused on the aluminium extrusion market including another company, Aluminium France Extrusion.”stocks.observer-reporter.com
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