ITEMA

Itema SpA, part of Italy's Radici Plastics USA Inc., has acquired 61% of the shares in Italy's Lamiflex SpA, a supplier of composite materials for textile machinery, medical, aerospace, and other industrial applications.

ITEMA, an Italian textile machinery manufacturer and member of RadiciGroup, has signed an agreement to acquire 61% of shares in Lamiflex, a supplier of composite materials and industrial textile machinery.