Langley Group Takes Over manroland’s Sheetfed Division
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Langley already operates two successful technology divisions in Germany in the field of capital equipment—the Piller Group and Claudius Peters Group. In 2011, Langley Holdings achieved revenues of approximately €500 million, with a profit before tax of some €76 million.
All contracts have been signed today. The execution of the transaction is subject to approval of the German cartel office which is expected within the next weeks.
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