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Husky completes acquisition of closure maker KTW

30 May 2011: Husky Injection Molding Systems has completed its acquisition of Waldhofen, Austria based closure mould maker KTW Group.

Ont.-based Husky, it will now offer KTW-branded molds as part of fully integrated turnkey injection moulding system for the closure industry, including mold, machine, hot runner, temperature controller, as well as a range of consulting and after-sales services.

Husky had announced plans to buy the company in March 2011.

Source: Canplastics