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Itema SpA, part of Italy's Radici Plastics USA Inc., has acquired 61% of the shares in Italy's Lamiflex SpA, a supplier of composite materials for textile machinery, medical, aerospace, and other industrial applications.
“The move is set to create and stimulate significant synergies along the respective supply chains.”ptonline.com
Summarized from public sources; check the original articles before acting on it.