Wintal Machines S.r.l. acquires Italtech S.p.A
Windsor Machines announced that Wintal Machines S.r.l., a second layer subsidiary of Windsor Machines, has acquired the business of Italtech S.p.A on an ownership basis by entering into a New Agreement with the Italian Authorities under Bankruptcy Law.Earlier, Wintal Machines S.r.l. had entered into agreement for leasing the business of Italtech S.p.A, with Italian authorities under Italian Bankruptcy Law, with the aim of buying the same in a predetermined time period.
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