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Gränges completed the acquisition of a casting and hot-rolling facility in Shandong province from Shandong Innovation Group, with SIG acquiring a 20% stake in Gränges' Chinese subsidiary.
“This acquisition secures Gränges, a state-of-the-art casting and hot-rolling facility in Shandong province.”alcircle.com
Summarized from public sources; check the original articles before acting on it.