Switzerland's Georg Fischer AG (www.georgfischer.com), Schaffhausen, is intending to reduce its holding in the Coperion Group (www.coperion.com), Konstanz / Germany, and "have no further influence on the group's operative management", according to the company. From now on, Georg Fischer will concentrate on its three core businesses of Automotive Products, Piping Systems and Manufacturing Technology. The new majority shareholder will be WestLB subsidiary, West Private Equity, which was already granted the right to acquire a majority holding in Coperion at the time of the merger of Buss, Waeschle and Werner & Pfleiderer in 2000.