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C.B.F. Balducci GROUP S.p.A. acquired a 49.5% stake in Gruppo P&P Loyal S.p.A., a workwear company, to expand internationally and exchange know-how.
C.B.F. Balducci group, an Italian workwear company, has acquired a 49.5% stake in P&P Loyal, a workwear clothing distributor. The deal aims to support international expansion.