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Private equity group KCE of Bilbao, Spain completed the acquisition of CTL Packaging USA Inc., the U.S. manufacturing subsidiary of Corporacion Juan Celaya located in North Carolina, via a stock deal.
“KCE had previously acquired the European operations of CJC and was successful in completing the acquisition of the U.S. operations following the attempts of two other bidders.”rclawus.com
Summarized from public sources; check the original articles before acting on it.