C.W. Downer & Co. Advises TMD Friction on Acquisition of Dynotherm
C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that TMD Friction Group SA has acquired Dynotherm (Pty) Ltd., a South African friction manufacturer for industrial, rail & commercial vehicle applications. The transaction closed on April 28, 2011 and the financial terms were not disclosed.
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