Krones Inc. planning to acquire majority stake of Ampco Pumps Company  

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Franklin-based Krones Inc., a subsidiary of Germany-based integrated packaging and bottling line system manufacturer Krones AG, has signed an agreement to acquire a majority stake of Glendale-based Ampco Pumps Company. Terms of the deal were not disclosed. Ampco manufactures sanitary pumps, mixing, and blending equipment for the food, beverage, dairy, personal care and pharmaceutical industries.

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