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Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.
Interpump Group published the merger-by-incorporation project for Mariotti & Pecini, a mixer and agitator maker it fully controls after acquiring the remaining 40% stake this year. The group had originally bought 60% in 2017 for about EUR 9 million.
Interpump acquired a 60% controlling stake in Mariotti & Pecini, a Florence-based maker of mixers and agitators for chemical, pharmaceutical, cosmetic and food industries, for a total price of EUR 8.9 million.
