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Hoppman acquired by Japan's Shibuya Kogyo

Shibuya Kogyo Co. one of Japan's leading packaging machinery manufacturers, will acquire the Hoppmann Corp., closing the deal July 2005.

A letter of intent has been signed for Shibuya to acquire 100% of Hoppmann's U.S. shares. This acquisition will allow Shibuya to market their full line of packaging machinery to an exisiting U.S. customer base and to enhance existing Hoppmann sales, companies say.

Videos from Shibuya Hoppmann Corporation
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