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Announced

Completed

Glebar completed the acquisition of Tridex Technology.

Synopsis

Glebar, a metal cutting machine tools manufacturer, completed the acquisition of Tridex Technology, a leader in precision grinding solutions. Financial terms were not disclosed. "We are humbled by this transformational opportunity and are excited to welcome the Tridex team to Glebar. Both companies' respective customers will benefit from the synergy we create together. This is hopefully the first acquisition of many and marks a new chapter in our 67-year history," Robert Baker, Glebar CEO.

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