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Ambienta, a European sustainability investor, has acquired HolwegWeber, a producer of paper bag making machines, and will combine it with its portfolio company In.Pack Machinery. The newly formed group will operate seven production sites and have over 9,000 machines installed globally.
“Ambienta will combine the producer with its existing portfolio company In.Pack Machinery, creating a global player in machinery for sustainable packaging.”lgtcp.com
Summarized from public sources; check the original articles before acting on it.