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The Gienanth Group, a traditional iron foundry group, has acquired Trompetter Guss Chemnitz GmbH, a Saxon foundry specializing in complex cast iron components. The acquisition adds two horizontal molding lines and expands the group's product portfolio to include brake components and exhaust gas turbochargers.
Gienanth Group GmbH has acquired SLR Austria Group, including three production sites in Austria and Czechia: SLR-Gusswerk II, SLR-Metallbearbeitungs-Gesellschaft, and SLR-CZECHIA. The deal was signed on July 27, 2018 and closed on September 1, 2018.