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Krauss-Maffei Wegmann (KMW) has agreed to acquire 80% of the shares in FWH Stahlguss GmbH, a leading manufacturer of cast steel in Mülheim an der Ruhr, Germany, to secure production of high-quality steel castings for defense needs.
“KMW is assuming responsibility for FWH in order to secure the production of high-quality steel castings in Germany in the long term.”foundry-planet.com
Summarized from public sources; check the original articles before acting on it.