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Announced

Nice Group acquired Coldline, from Gradiente.

Synopsis

Nice Group, a leading multinational company in the home automation, home security and smart home sectors, acquired Coldline, manufacturer of professional refrigerators, in particular blast chillers, refrigerated and retarder-prover cabinets and refrigerated tables for both the professional and the residential catering market, from Gradiente. Financial terms were not disclosed. NICE group’s strategic plan calls for amplifying their product portfolio.

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