Participation in the capital of our Argentinian subsidiary to support local printing activities for car bodies and respond to global customers’ needs.
Participation in the capital of our Argentinian subsidiary to support local printing activities for car bodies and respond to global customers’ needs. SIMEST, the company of Cassa Depositi e Prestiti Group that together with SACE constitute the Italian internationalization and export hub, supports again the development of CLN Group in Latin America, one of the main European industrial players in the automotive sector.
After the previous collaboration in Brazil, SIMEST accompanies our Group in Argentina through a capital increase of 3 million Euros in the subsidiary MA Automotive Argentina S.A. (about 48%).
The new resources will contribute to the empowering of printing activities for car bodies in order to respond to global customers’ needs.