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Taiwan-based Quaser Machine Tools acquired Winbro Group Technologies, a UK/US provider of laser and EDM machining solutions for aerospace and gas turbine industries.
Quaser Machine Tools (百德機械) announced it will acquire 100% of the US-based Winbro Group for $63.5 million, including its US and UK subsidiaries. The acquisition is expected to close in the fourth quarter of 2019 and will help Quaser enter the aerospace and energy sectors.