ERJ staff report (DS)
LÃ¼beck, Germany – Harburg-Freudenberger Maschinenbau GmbH (HF), subsidiary of the Possehl Group, has acquired Farrel Corp US, the company said in a 16 Dec statement.
Farrel, which employs 300 staff in the US, UK, Spain and Singapore, produces batch mixers for the rubber industry.
â€œBy the take-over of Farrel the HF-Group extends its product portfolio and is less dependent on the tire industry,â€ said Norbert Scheuch, responsible for HF business division.
â€œFarrel will be integrated into the HF-Group as independent segment. By this…