MLF - Military Logistics

STK moves into Brazil

23rd July 2013 - 12:07 GMT | by Tim Fish in London

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Singapore Technologies Kinetics (STK) has acquired a 90% equity in Technicae Projetos e Serviços Automotivos (Technicae) for BRL1.04 million ($0.5m).

STK announced the move on 22 July and said that Technicae will become one of its subsidiaries with the remaining 10% share held by the existing shareholder.

‘As ...

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