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Strategic Partnership
01 Jul 2007
Norwegian diesel engine, genset and propeller
equipment supplier Frydenbo (SLASH THRU O) Industri AS
has entered into a strategic partnership with German propulsion systems
specialist The Schottel Group, acquiring some 15% of Schottel shares.
Frydenbo Industri AS subsidiary Frydenbo Power AS is a long-standing sales partner of Schottel in Norway.
The remaining shares in Scottel are held by the
founder’s family.
