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CLEVELAND -- Ferro Corporation announced that it has signed a definitive agreement with the shareholders of Egypt-based tile coatings manufacturer Al Salomi for Frit and Glazes (“Al Salomi”) to acquire 100% of the equity of Al Salomi on a cash-free and debt-free basis, for approximately million in cash, subject to working capital and other customary adjustments.
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Ferro Enters into Agreement to Acquire Egyptian Tile Coatings Manufacturer Al Salomi for Frit and ... (“MENA”). Al Salomi’s 5,600-square meter plant, located in Suez, Egypt, is state-of ...
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Al Salomi’s 5,600-square meter plant, located in Suez, Egypt, is state-of-the-art, including continuous furnaces and computerized production lines. It is expected to be one of Ferro’s lowest ...
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Previously Worked with AL-SALOMI CO for contracting Riyadh, Saudi Arabia from 6 May 2012 until 01 March 2014. Accounting tasks: - 1- Registration processes in accounting journal entries. 2- Follow-up customer accounts and suppliers and comparing balances.
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Jul 14, 2017 · With the shortage of river sand persisting across the State, the Public Works Department (PWD) has issued a circular instructing its officials to use manufactured sand or crushed stone sand in ...
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