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Bozzetto Group acquired 100% of the fibre division from Levaco Chemicals GmbH, effective November 3, 2022, to strengthen its position in man-made fibres specialty chemicals.
Italy-based Bozzetto Group and Spain-based Asutex signed an agreement to create a new leader in the specialty textile chemicals industry. Both groups will continue to operate independently but benefit from shared synergies in production facilities, know-how and market strategies.