Armal sold to Croatian bathroom specialist

Maribor, 12 August - Tap maker Armal, once a respected brand name that has been in receivership since 2013, has been sold to Croatia bathroom equipment maker Nord Produkt. The subsidiary of the Mariborska livarna Maribor (MLM) foundry was sold for EUR 155,000, although initially its price was set at EUR 4.25m.

Armal taps.
Photo: Daniel Novakovič/STA

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