Körber Group, the holding company that owns the Hauni network, has completed the sale of its United Grinding Group machine tools unit, Körber Group said in a press release.
United Grinding Group, whose technologies are used in diverse industries such as automotive, tools, and machine tools, was sold to a group of investors organised by Swiss BZ Bank Aktiengesellschaft.
The sale was closed and took effect on 29 June.
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