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Winpak Ltd. signed a definitive agreement to acquire the net assets and building of Control Group in Norwood, New Jersey, for US$42.2 million, funded from cash on hand.
“Winpak Ltd. announced effective today that it has signed a definitive agreement to acquire all of the business (net assets and building) of privately owned Cheringal Associates, Inc. and Norwood, Printing, Inc.”newswire.ca
Summarized from public sources; check the original articles before acting on it.