The acquisition strengthens Frech's position in the world market, equipping it to meet the demands of the die casting industry with innovative and patented products in the hot as well as the cold chamber field, an improved presence in growth markets like Brazil, Russia, India and China, and an extension of its world-wide service network. "The amalgamation of these two companies ensures the production in Germany for many years to come," said Dr. Ioannis Ioannidis, President and CEO of Oskar Frech GmbH + Co. KG. |
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