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TriMas signed an agreement to acquire Affaba & Ferrari Srl, a designer and manufacturer of precision caps and closures based in Borgo San Giovanni, Italy. The deal is expected to close before the end of 2020 and will join TriMas' Packaging segment through its Rieke division.
“The transaction is expected to close before the end of the year, at which time Affaba & Ferrari will become part of TriMas' Packaging segment.”ir.trimascorp.com
Summarized from public sources; check the original articles before acting on it.