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Construction : Deals | January 2014 | Source : Construction Update

Global Economic Advantage acquires stake in Samtel Engineering & Sourcing Solutions

Global Economic Advantage Pvt Ltd and Laans Portfolio Pvt Ltd have acquired complete stake in Samtel Engineering & Sourcing Solutions from its promoters for an undisclosed amount. The company is a part of the Samtel group, a manufacturer of high technology products, systems and equipment. The deal involved sale of a wholly owned German arm, which was acting as Samtel Engineering’s front office to service European clients.
 
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