Monday, January 27, 2014

Forkardt sell-off

Forkardt sell-off

Forkardt sell-off

Having acquired workholding specialist Forkardt from US firm Illinois Tool in May 2013 for $34m, Hardinge has now sold the Swiss element of the business for $5.9m to a private group led by the management of Forkardt in Switzerland.
The agreement includes a mutual, two-year, non-compete clause and the requirement... [Read More]

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