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Cytech, an Italian manufacturer of cycling apparel pads, has acquired a majority stake in Pasasport, a manufacturer of gloves and accessories for cycling and other sports. The acquisition aims to expand product offerings and international presence.
“The acquisition of Pasasport strengthens and highlights the value of our market leadership; it enables us to offer our clients a wider range of services and products with greater added value.”cyclingindustry.news
Summarized from public sources; check the original articles before acting on it.