Competition Council has authorized the takeover of Hoffmann by the SFS International Group

 The Competition Council authorized the transaction by which SFS International AG Group, Switzerland, took over Hoffmann SE, Germany, and its subsidiaries, the authority informed on Friday.In Romania, the SFS Group is present through Heco Schrauben SRL, which operates in the production of screws, and the Hoffmann Group is active through its subsidiary, Hoffmann Industrial Tools SRL, active only in the distribution of tools, and has no local ...

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