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CIE acquires Italy based Somaschini
CIE Automotive announced the acquisition of 100% of the share capital of Somaschini S.p.A. The value of the transaction amounts to EUR 79.6 million. With nearly 300 employees and estimated 2019 sales of approximately EUR 70 million, Somaschini has three production plants, two in Bergamo (Italy) and another one in Ind....
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