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Feintool takes over Herzing+Schroth.

Feintool has significantly strengthened its position in the market for sophisticated fineblanking and forming technology by acquiring the German group Herzing+Schroth.

Metal forming specialists Herzing+Schroth will enable Feintool to further increase the technological potential with related process.

Feintool is increasing its equity by CHF6m to partially finance the acquisition.

Story provided by StockMarketWire.com

01/06/2012

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Hargreave Hale Limited ("Hargreave Hale") is authorised and regulated by the Financial Services Authority (No. 209741).
and is a member of the London Stock Exchange, the Plus Market and APCIMS. The company is incorporated in England and Wales, Company No. 3146580.
The registered office is at 9-11 Neptune Court, Hallam Way, Blackpool, FY4 5LZ.