30th Mar 2015 09:10
LONDON (Alliance News) - Irish engineering company Mincon Group PLC on Monday said it has agreed a deal to buy the business and assets of Marshalls Hard Metals Ltd, a tungsten carbide manufacturer.
Mincon said the business and assets have been transferred into a new company, Marshalls Carbide Ltd, which is 100%-owned by Mincon. No financial details were disclosed on the acquisition, but Mincon said it would buy the assets in cash.
Shares in Mincon were untraded Monday, having last traded at EUR0.70.
By Sam Unsted; [email protected]; @SamUAtAlliance
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