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Packaging machinery supplier Bobst acquired a 51% majority stake in Cito-System, a maker of creasing systems and tooling for the packaging industry, with Cito-System management keeping 49%.
“Bobst has acquired a majority stake in Cito-System, a company that specialises in creasing systems for the packaging industry.”packagingnews.com.au
Summarized from public sources; check the original articles before acting on it.