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Article: ALNO AG Gains a Strong Partner for ALNO Middle East to Further Accelerate Growth.
- Article from:
- PR Newswire Europe
- Article date:
- May 26, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PFULLENDORF, Germany, May 26 /PRNewswire/ --
- Al Khayyat Investments Takes 50% Stake in ALNO Middle East
- Regional Turnover Expected to Double Every Year for the Next Three Years
- Significant Investments in Further Expansion of Capacities Planned
ALNO AG and Al Khayyat Investments L.L.C have joined forces to accelerate the growth of ALNO Middle East FZE (AME) as equal partners. The aim is to use the strong ALNO brand and Al Khayyat's network and experience to sustainably strengthen the long-term growth of AME across the Middle East. Regional turnover is expected to double every year for the next three years.
"In Al ...