Japanese Daihen Finalising Takeover of Varstroj

Lendava, 13 February - Daihen Corporation, a Japanese maker of welding equipment, is set to become 100% owner of Varstroj, a Lendava-based company in which it already holds a 93.7% stake. The European branch of Daihen first entered Varstroj ownership in 2006 by acquiring a 8.6% stake, but started to take over the company last year.