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Israeli workwear management company Polytex Technologies Ltd. has acquired its German distributor Polytex Technologies GmbH, making it a fully owned subsidiary. The subsidiary will remain in Bielefeld, Germany.
“This acquisition was precipitated by the huge potential of Germany and the wider German-speaking market, where Polytex Technologies GmbH already has hundreds of installations at prominent hospitals, leading pharmaceutical companies, and food manufacturers.”prnewswire.com
Summarized from public sources; check the original articles before acting on it.