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World No.3 machine tool maker DN Solutions to acquire Germany’s Heller for $176 mn

World No.3 machine tool maker DN Solutions to acquire Germany’s Heller for $176 mn

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DN Solutions Co., the world’s third-largest machine tool manufacturer, has agreed to acquire Germany-based high-end machine tool specialist Heller Holding SE & Co. for 150 million euros ($176.2 million), a move expected to expand the South Korean company’s global footprint significantly.

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