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Biesterfeld acquires Küttner GmbH
HAMBURG, GERMANY (Jan. 10, 12:30 p.m. ET) — Polymer distributor Biesterfeld AG has acquired all shares of Küttner GmbH of Speyer, Germany. The transaction, which is still subject to regulatory approval, is intended to position Biesterfeld Plastic GmbH to expand its business in rubber, rubber chemicals and thermoplastic elastomers.