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Goglio SpA and its subsidiary Goglio Cofibox SpA approved a merger by incorporation of Cofibox into Goglio, effective 31 December 2016, to rationalize management and achieve economies of scale in packaging.
“the companies Goglio Spa and Goglio Cofibox have approved the project of the merger by incorporation of Goglio Cofibox SpA into Goglio SpA.”goglio.it
Summarized from public sources; check the original articles before acting on it.