HAREN, GERMANY (Dec. 7, 10:55 a.m. ET) — R"chling Engineering Plastics KG took over Leder Orago srl, a Gozzano, Italy-based firm that specializes in machining plastics, effective Dec. 1.
Leder Orago will become part of Haren-based R"chling's machined components business unit, which operates 15 plants worldwide, the company announced Dec. 6.
Terms were not disclosed. Leder Orago has 46 employees and annual sales of about 5 million euros.
R"chling employs 6,600 at 56 locations in 20 countries.