PETALING JAYA: KNM Group Bhd yesterday announced a 350 million euros (RM1.7bil) cash deal to acquire Berlin-based process equipment maker Borsig and its group of companies.
The latest acquisition announcement came three months after it was first reported that KNM was eyeing a major foreign process equipment specialist as a target.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!