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TRUMPF is acquiring the business of Cutlite Penta S.p.A. from its parent company El.En. S.p.A. Cutlite will remain an independent brand with its own manufacturing, sales and service facilities, continuing to develop custom large-format cutting systems.
“TRUMPF, a German high-tech company, and Cutlite, an Italian manufacturer of 2D laser machines, are joining forces and entering a strategic partnership.”trumpf.com
Summarized from public sources; check the original articles before acting on it.