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Announced

Completed

Briolf completed the acquisition of Intec.

Synopsis

Briolf, a holding company, completed the acquisition of Intec, an automotive paint company. Financial terms were not disclosed. This acquisition is perfectly aligned with the 2022–2026 Strategic Plan as it allows to continue increasing the degree of diversification while strengthening the current lines of business. In this case, it does it by adding a completely new technology and sector within the Group at the same time as it expands the value proposition in the bodywork market with a brand and clientele complementary to Roberlo's business.

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