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ELH stake sold
By Railway Gazette International2007-05-01T10:00:00
AAE Holding AG owner Andreas Goer has bought a 70% stake in wagon bogie maker ELH Eisenbahnlaufwerke Halle GmbH & Co KG, through Swiss-based G&S Rail Investments GmbH. The purchase price was not disclosed, and ELH's previous owner Michael Schnaufer will retain a 30% stake in the business.
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