Texmo Precision Castings acquires 75.1% stake in Feinguss Blank

Indian company Texmo Precision Castings has acquired 75.1% of the shares in German precision casting company Feinguss Blank. The company will operate under the name Texmo Blank, and all jobs and locations will be retained.

“Das indische Unternehmen Texmo Precision Castings hat 75,1 Prozent der Anteile am Riedlinger Traditions-Unternehmen Feinguss Blank übernommen.”schwaebische.de

• 2 sources
• schwaebische.deIndisches Unternehmen steigt bei Feinguss Blank einRobin HalleOct 15, 2023
• foundry-planet.com‘Innovation leads the way’: Texmo Precision Castings to acquire majority share in Feinguss Blank in move that will ‘set the benchmark’ in investment castingOct 17, 2023

Summarized from public sources; check the original articles before acting on it.