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Gefran S.p.A. acquired a 60% stake in CZ Elettronica S.r.l. and its subsidiary Mecatronica S.r.l., both based in Vicenza, Italy. The agreement includes options for Gefran to acquire 100% within one year of approval of the 2027 financial statements.
“The agreement provides for Gefran’s entry into the share capital of CZ Elettronica S.r.l. through a transfer of shares, following which Gefran S.p.A. holds a 60% stake in the company.”livingstonepartners.com
Summarized from public sources; check the original articles before acting on it.