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Exel to acquire pultrusion operations of Menzolit-Fibron

01 October 2001

The Finnish composite products manufacturer Exel Oyj is to acquire the pultrusion operations of Menzolit-Fibron GmbH, a German company.

Menzolit-Fibron is reportedly part of the Dynamit Nobel AG Group and the transfer has been set for 1 October. The maximum purchase price has been estimated at EUR3.3m with goodwill accounting for about EUR1.7m.





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