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BENTELER announced the sale of its BENTELER Distribution division to Van Leeuwen Pipe and Tube Group. The transaction is expected to close by the end of 2019, pending regulatory approval.
Van Leeuwen Pipe and Tube Group has acquired Ferrostaal Piping Supply, a German-Dutch pipe and tube trading company, effective May 1, 2018. Ferrostaal Piping Supply has annual turnover over €50 million and about 40 employees.