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Knitting / Apparel

Lonati Group Acquires Sangiacomo

The Italy-based Lonati Group has acquired Sangiacomo S.p.A., an Italy-based producer of men's, women's and children's hosiery machinery and seamless knitting machines.

Sangiacomo will maintain its current business arrangement. Under its new ownership, Sangiacomo will continue to produce single-cylinder circular knitting machines and new machinery for seamless garments, with emphasis on sportswear, underwear, casual apparel and bathing suits.

October 2004




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