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Chinese industrial machinery firm Jack Technology Ltd. has acquired Italian manufacturer Comelz S.p.A. for €140 million. Comelz specializes in advanced blade-cutting machinery for leather, footwear, automotive interiors, and upholstery.
“Chinese giant Jack Technology Ltd. acquires Italian industrial machinery firm Comelz S.p.A. for €140 million, expanding its global manufacturing footprint.”inforcapital.com
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