German group buys Micro Precision Products for around $42M

By Diksha Dutta

  • 10 Jun 2014
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A German industrial group has signed an agreement to acquire Faridabad-based engineering firm Micro Precision Products Pvt Ltd for Rs 250 crore ($42 million), sources privy to the development told VCCircle.Privately held Micro Precision Products is engaged in manufacturing and exporting of instrumentation valves, fittings and flow elements.The company’s  product ......

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