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Bavaria Industriekapital AG Sells Kienle + Spiess GmbH to Sumitomo Corporation


Monday, 18 Feb 2013 03:02am EST 

Bavaria Industriekapital AG announced that it has signed an agreement for the sale of Kienle + Spiess GmbH to the Japanese conglomerate, Sumitomo Corporation. Terms of the agreement have not been disclosed, but are in line with multiples recently seen in other processing industry transactions. 

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37.1
0.1 +0.27%
10 Jul 2014