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Germany: ElringKlinger buys Freudenberg gasket business

In a further move away from the automotive components supply industry, Freudenberg Seals and Vibration Control Technology has confirmed it has signed a contract with ElringKlinger, paving the way for a takeover of Freudenberg’s cylinder head and exhaust gasket business on 1 January 2011.

The Monopolies and Mergers Commission has already …

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