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Landi Renzo and Clean Energy Fuels will combine their compressor manufacturing subsidiaries into a new standalone company, with Landi Renzo owning 51% and Clean Energy 49%. Closing is anticipated before the end of 2017, and the combined company will be headquartered in San Giovanni Persiceto, Italy.
“Landi Renzo will own 51% of the new company and take over operational management, while Clean Energy will retain a 49% ownership.”investors.cleanenergyfuels.com
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