# C.B.F. Balducci acquires 49.5% stake in Gruppo P&P Loyal

C.B.F. Balducci GROUP S.p.A. acquired a 49.5% stake in Gruppo P&P Loyal S.p.A., a workwear company, to expand internationally and exchange know-how.

- Type: Acquisition
- Announced: 2024-07-03
- Where: Italy
- Status: completed
- Products: workwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [C.B.F. Balducci group](https://endata.com/companies/76667.md) (acquirer)
- [Gruppo P&P Loyal](https://endata.com/companies/78408.md) (target)

## Sources

- [radionuova.com](https://www.radionuova.com/2024/07/03/108157/), 2024-07-03: "La C.B.F. Balducci GROUP S.p.A Società Benefit ha annunciato oggi l’acquisizione del 49,5% del Gruppo P&P Loyal S.p.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.