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Vishay is interested in PM Group in the UK 13-03-07

Vishay has made an offer to acquire the whole of the issued share capital of UK based PM Group Plc through a wholly owned subsidiary. Vishay intends to only acquire PM Group's on-board vehicle weighing business, PM Onboard, and to immediately sell PM Group's second business, an electrical contracting business. PM Onboard is an designer and manufacturer of systems used in the weighing and process control industries. Their products are used in the market for bin and waste weighing devices as well as for onboard weighing systems in the bulk haulage market. These technologies are based on Vishay's strain gage technology. PM Onboard has expertise in instrumentation, system design, software development including wireless communication for weighing systems.

 
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