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Announced

EuroGroup Laminations to acquire DS4.

Synopsis

EuroGroup Laminations, an industrial machinery manufacturing company, agreed to acquire DS4, an automation machinery manufacturing company. Financial terms were not disclosed. "This transaction will enable us to strengthen our technology leadership in the development of unique stator and rotor manufacturing solutions that integrate software, neural networks, mathematical algorithms and innovative manufacturing processes," Marco Arduini, EuroGroup Laminations CEO.

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