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Paragon has acquired a majority stake in TP Food Group, an Italian manufacturer of food processing equipment including ovens, mixers, freezers, and spiral conveyors, from Xenon Private Equity and other shareholders.
“Paragon has acquired a majority stake in TP Food Group from Xenon Private Equity and other minority shareholders, including the founding families.”paragon.de
Summarized from public sources; check the original articles before acting on it.