Brødrene Hartmann enters Russian market with purchase of Gotek-Litar

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Danish group Brødrene Hartmann A/S has acquired the Russian firm Gotek-Litar JSC from Gotek Group. Hartmann reportedly paid a purchase price of RUB1.4bn (equivalent to DKK116m or roughly €16m) in this deal, which represents its first foray into the Russian market. Hartmann said the transaction would be financed ...

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