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Wisecap Group and Corvaglia Group agreed an industrial partnership in which Wisecap takes over the production activities of Corvaglia Closures Eschlikon AG and integrates them into its network, while Corvaglia takes a minority stake in Wisecap. Financial details were not disclosed.
Swiss closure maker corvaglia group announced plans for a new manufacturing facility in Newnan, Georgia, to produce one-piece plastic caps and closures for the North American beverage market, operational by year-end 2018.