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Announced

Completed

Fayat Group completed the acquisition of TF-Technologies.

Synopsis

Fayat Group, a construction and civil engineering company, completed the acquisition of TF-Technologies, which develops and manufactures software-based control systems and electronic components for asphalt pavers. Financial terms were not disclosed. With the investment in TF-Technologies, Fayat Group acquires specialized competencies within electronic controls and software to establish a future digital strategy within its road building segment.

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