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Investment firm buys Tenere

LEXINGTON, MASS. (Dec. 17, 2:30 p.m. ET) — Investment firm Watermill Group has purchased Tenere Inc., a Dresser, Wis.-based company that does injection molding, mold making, metal stamping and machining. Terms were not disclosed. Lexington-based Watermill bought the business from Columbus, Ohio-based private equity firm Stonehenge Partners Inc.

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