Brief: Nexgel Acquires 50% Interest In Newly Formed Joint Venture With C.G. Laboratories For Converting And Packaging Business
02/03/2023 13:59
March 2 (Reuters) - Nexgel Inc NXGL.O :
* NEXGEL ACQUIRES 50% INTEREST IN NEWLY FORMED JOINT VENTURE
WITH
C.G. LABORATORIES FOR CONVERTING AND PACKAGING BUSINESS
* INVESTMENT IN CG LABS' REVENUE GENERATING AND ALREADY
PROFITABLE
BUSINESS INCREASES CO'S CAPACITY, IMPROVES MARGINS, STREAMLINES
SUPPLY CHAIN
Source text for Eikon: ID:nGNX50mPHp
Further company coverage: NXGL.O