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Announced

HCI Equity-backed AmerCareRoyal to acquire TTM.

Synopsis

HCI Equity-backed AmerCareRoyal, a wholesaler, agreed to acquire Thermosource Tooling and Manufacturing, a packaging company. Financial terms were not disclosed. "TTM's exceptional design and engineering capabilities, particularly in unique packaging formats, complement our existing product lines and capabilities, allowing us to provide a more comprehensive offering to our combined customer base. Bringing TTM under the AmerCareRoyal umbrella presents significant cross-selling opportunities, especially in segments where we have been seeking to expand, while also growing the product offering available to TTM's customers," Scott Milberg, AmerCareRoyal CEO.

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