January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.

According to Fagioli, the investment of Simest is equivalent to EUR750,000 (USD789,863). 

Fagioli says that Simest's investment is in line with the strong demand of the market and the company's increasing business in North America. 

www.fagioli.it 

www.simest.it