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Cabka N.V. entered a long-term supply agreement with US retailer Target for reusable large foldable plastic containers for its nearly 2,000 US stores. The initial order represents about EUR 13 million in 2022 revenue.
Cabka Group GmbH agreed in December 2021 to acquire Dutch Star Companies TWO B.V. in a reverse merger valued at about €110 million; the combination was completed in early March 2022 and the listed company renamed Cabka N.V.