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November 2, 2011

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Notice of acquisition

THE Freudenberg Group, a Germany-based company specializing in auto components and other industrial products, yesterday announced the acquisition of a Hong Kong-based household product maker to tap the growing consumer market in China and southeast Asia.

Freudenberg will merge the newly-acquired company, Trade & Investment in Asia Ltd, into its household division to add mid-priced products to the group's premium brand.


 

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