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Metair buys Romanian battery manufacturer to tap European market

By: Idéle Esterhuizen     15th March 2012 Automotive component maker Metair on Thursday announced the €42.8-million acquisition of a 99.1% stake in Romanian automotive lead-acid batteries manufacturer Rombat as part of a stated strategy to increase its focus on the aftermarket sector. CEO Theo Loock said the acquisition delivered a... 

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