Shandong-based metal manufacturer buys Dutch firm

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Shandong-based metal manufacturer buys Dutch firm
China's biggest metal abrasives maker, Shandong Kaitai Group, completed its takeover of Dutch company Airblast B.V on Friday. Privately-owned Shandong Kaitai, which is based in Zouping of Shandong province, agreed to pay 14.05 million U.S. dollars for the firm in October. Airblast is a Dutch surface treatment equipment producer. [eworldship.com]


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