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|| Chinese firm acquired UK deep sea engineering firm SMD for $190 million

china-uk-rail.jpgA subsidiary of China South Rail (CSR) has just acquired Specialist Machine Developments (SMD), a UK deep-sea engineering machinery manufacturer, for $190 million.

The British company, located in Newcastle, offers equipment for deep ocean applications, including underwater engineering machines and remotely operated underwater vehicles that work in hazardous environments worldwide.

To see a list of investors from China similar to CSR, check the Chinese Investors Directory

More details follows

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