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NEXGEL acquired a 50% interest in CG Converting and Packaging, LLC, a newly formed joint venture with C.G. Laboratories that takes over CG Labs' converting and packaging division. The agreement is effective March 1, 2023.
“CG Converting and Packaging, LLC, will be owned 50% by NEXGEL.”ir.nexgel.com
Summarized from public sources; check the original articles before acting on it.