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Announced

Equinox to acquire a 60% stake in Migal Group.

Synopsis

Equinox, a private equity fund, to acquire a 60% stake in Migal Group, a manufacturing service provider specialised in the design and production of hot forged and mechanical machined brass, copper and aluminum industrial components. Financial terms were not disclosed. The Mingotti family will reinvest in the group (holding the remaining 40%) and Luca and Alessandro Mingotti will remain as CEO and Chairman of Migal.

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