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Orianna acquires 40% of Banlaw

by samc last modified Feb 03, 2010 10:59 AM

Singapore's Orianna group has acquired a 40% stake in the Newcastle-based refuelling specialist, Banlaw.

Banlaw, which is working on projects in North America, South America, south-east Asia and Africa, said the Orianna partnership was a strategic move targeted at the Asian market.

Orianna managing director Bill Clifton is a former owner of Banlaw's distributor in...

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