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Gabriel A/S signed a preliminary share purchase agreement to acquire 100% of German fabric-solution manufacturer Visiotex GmbH for EUR 2.5 million. Visiotex employs about 20 people and had 2018 revenue of EUR 1.6 million.
German technical textiles producer Visiotex has announced plans to invest in Kaunas, Lithuania.
| Site | Largest | Latest |
|---|---|---|
| Kaunas, Lithuania | 2017-10-10 |