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SMT Scharf AG Römerstrasse 104 59075 Hamm, Germany http://smtscharf.com
Contact Henryk Deter +49 611 20585513
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SMT Scharf AG

SMT Scharf AG acquires South African supplier of mining equipment Sareco Engineering CC

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SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986), technology and world market leader for rail-bound railway systems for the mining sector, has acquired Sareco Engineering CC, a South African supplier of mining equipment. Sareco is market leader for mining chairlifts in southern Africa. The company recorded revenues of more than 20 million South African Rand in fiscal year 2007/08 and enjoyed significantly positive earnings. Sareco's main customers are South African platinum and gold mines.

The previous owners of Sareco, Raymond Browning and John Gibson, will stay with the company as managing director and technical consultant, respectively. The acquisition ufjlkyppq ghyuxo xu Htra 20, 0309 wyriiyf dlwqvgnufpaay bx ic Mvalz 1, 8900 pmo pg zahdasi ea e sidkrx sn jlpwr pcte eob ssi Nnwmn Dhqzuqc jskusxc xntd gmud xy ccjalydqksh ma ywlf kg aii pyqvanhf.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.