Business e via Italy - TriMas Completes Acquisition of Italian Company

Affaba and Ferrari designs, develops, and manufactures precision caps and closures for customers throughout Europe. They offer caps for juices, dairy products, and sport and energy drinks, and well as tamper evident, child proof, and flex spout caps. The company is expected to achieve about €32 million (nearly $39 million) in revenue in fiscal year 2020.

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