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Airtech

Gurit-Heberlein to buy AIK Industries' advanced composites ops

10 January 2002

Gurit-Heberlein will acquire AIK Industries' advanced composites operations as of March 1 for an undisclosed amount.
The Kassel-based division employs 20 people, generates annual sales of 8 mln eur and has Airbus Industrie as its most important client. The move should enable Gurit-Heberlein to improve its sales and profitability, it said.