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PLC sold its 51% stake in Schmack Biogas S.r.l. to Hitachi Zosen Inova AG for approximately EUR 10.6 million, including earn-out components. The deal allows PLC to exit the biogas market and refocus on its core electrical infrastructure business.
Monsson Sarl acquired Monsson Operation Ltd from PLC S.p.A. on April 5, 2023.