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Cembre SpA Announces Merger of Wholly-Owned Subsidiary General Marking Srl Into Company

Wednesday, 29 Aug 2012 05:47am EDT 

Cembre SpA announced that the Company's Board of Directors has approved the merger of the wholly-owned subsidiary, General Marking Srl, into the parent Cembre SpA. The merger is aimed at streamlining the production, organizational and distribution processes in Italy, as all activities of the merged subsidiary will be transferred to Cembre‚Äôs main industrial complex, a transfer made possible by the acquisition in November 2011 of an industrial space adjacent to the Brescia main complex. 

Company Quote

-0.07 -0.67%
31 Jul 2014