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PennEngineering acquires Tokyo-based Eurotec

Pennsylvania-based PennEngineering has acquired Tokyo's Eurotec Ltd, which will join the existing brands under PennEngineering's corporate umbrella.

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Hilti Group grows sales for 4th year in a row, up 4.3%

Despite slower growth in the global construction sector and currency headwinds for the Swiss franc, Hilti Group grew sales by 4.3% to CHF 5.9 billion