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Montreal, 26 February 2003
CNIM France and Curtis Door Systems are pleased to announce that the 2 companies have entered on February 13, 2003 in Montréal into a new cooperation agreement under the following terms:
- CNIM Canada Inc., a subsidiary of CNIM France, acquired a minority share of the common stock of Curtis Door Systems Inc. of Plattsburgh, NY, Curtis Canada Inc. and Curtis Door Systems (UK) Ltd;
- A new CNIM subsidiary has been created in Montreal, CNIM Platform Door Systems, with a minority share participation of Curtis Door Systems, allowing the common sharing of each partners expertise in order to supply complete Platform Door Systems (design, manufacturing, installation and maintenance) to the Transit Industry, directly or throughout CNIM Group world wide network.
Further information regarding CNIM SA and Curtis Door Systems is available on the web at www.cnim.com.
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