Ferrag ownership
26 December 1997
Ferrag ownership
KVERNELAND has now increased its holding in Ferrag from 49% to 75%, with the remaining 25% being retained by German machinery manufacturer Rau. Ferrags managing director, George Randles, who led a management buy-out of the company in 1992, says it will not make any noticeable difference to the way the company is operated.
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