Siempelkamp takes minority holding in struggling Pallmann Group

Pallmann able to withdraw application for insolvency proceedings

Siempelkamp Maschinen- und Anlagenbau GmbH & Co. KG, Krefeld, Germany, has through its wholly owned subsidiary Siempelkamp Maschinenfabrik Beteiligungs GmbH taken a qualified minority holding in Pallmann Maschinenfabrik GmbH & Co. KG and in that company’s general partner Ludwig Pallmann Verwaltungsgesellschaft mbH, ...

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