China-based minor metals producer Vital Materials has acquired the Germany-based company FHR Anlagenbau, Vital told Fastmarkets on Friday March 20.
The company - with headquarters in Ottendorf-Okrilla in Dresden, Germany - will be integrated into Vitals' thin film material business unit.The transaction completed on March 17 includes all assets, tangible and non-tangible from the previous owner Centrotherm International, based in Blaubeuren, Germany.
FHR is engaged in developing industrial scale vacuum-based equipment for thin film deposition on flexible and rigid substrates. The company...