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PUNCH Torino, the Italian division of the Belgian PUNCH Group, has finalized an agreement to acquire Vitesco Technologies Italy, a Pisa-based company specializing in injection molding technology with over 900 employees. The acquisition will be integrated by the end of the year.
“Vitesco Technologies Italy represents a fundamental step in PUNCH's strategy because it will allow the group to further expand its verticalisation in the development of all those components required to produce the next generation of internal combustion engines.”hydronews.it
Summarized from public sources; check the original articles before acting on it.