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United Grinding Group, parent of Studer and other grinding machine brands, has been sold by Körber technology group to a pool of investors organized by Swiss BZ Bank Aktiengesellschaft.
Walter Maschinenbau GmbH invested around €6 million to expand its production facility in Kurim, Czech Republic, adding 2,500 m² for assembly and logistics, and a redesigned demo center. The expansion was inaugurated on March 9, 2017.