INDUS Holding AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
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Indus Holding AG Acquires 75% Stake in Budde-Group
Indus Holding AG (Indus) announced that it agreed on January 29, 2013 the purchase of 75% of the shares in the medium sized enterprise Budde group in Bielefeld. Budde group with its locations in Bielefeld, Schmalkalden (in the German state of Thuringia) and Kamen (Northrhine-Westfalia) is one of the suppliers of general material and bulk conveyor systems. The price to be paid for the acquisition ranges between a lower and medium two digit million Euro amount. The transfer of shares is agreed to take place with economic effect as of January 1, 2013.
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