GF Piping Systems, a Corporate Group of the Georg Fischer Corporation, divests Central Plastics Tianjin Ltd. The company, with a turnover of about 4 million US-Dollars, will be taken over by the current management.
With about 50 employees, Central Plastics Tianjin Ltd manufactures bitumen-based anticorrosion products that are not part of the core business of GF Piping Systems.
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