Brief: R Stahl invests in South-African ESACO Pty. Ltd.
21/10/2016 10:45
Oct 21 (Reuters) - R Stahl AG RSL2.DE :
* R. Stahl invests in long-standing South-African sales
partner ESACO Pty. Ltd.
* Acquired a 35% interest in long-standing partner
south-african company ESACO Pty. Ltd.
* Through investment, market development in region south of
sahara, e.g. In Angola, Mozambique, Namibia or Nigeria, will be
particularly intensified
* Estimates that sales increase that can be achieved in this
market in medium term will be 15-20 million euros
Source text for Eikon: ID:nEQ19DKLb
Further company coverage: RSL2.DE
(Gdynia Newsroom)
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