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Ador Welding buys 60% of Israel’s Plasma Laser Technologies

BY  Bhawna Gupta
Last year, its board had given an in-principle approval to invest in an unnamed overseas company to facilitate technology enhancement.

Mumbai-headquartered industrial tools manufacturing and engineering company Ador Welding Ltd has acquired 60 per cent stake in Israel-based Plasma Laser Technologies Ltd, for up to $2 million.

The firm announced in October 2012 that its board...

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