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Acquisition set to strengthen Komptech's innovation drive

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Hirtenberger Group, based near Vienna, has acquired an 80% share in shredder and separation technology specialist Komptech GmbH.

A global group with interests in mining, the defence industry, medical technology and automotive safety, Hirtenberger's core competences are in metals and pyrotechnics. Ceo Stefan Odenthal describes the takeover as Hirtenberger's first move into environmental technology. 'Adding sustainable, environment-saving technologies was an important goal in expanding our business portfolio,' he says.

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