Stovec Industries has acquired Service and Spare Parts Business relating to Rotary Printing Equipment, which includes Designs and Drawings, Customer and Supplier Database and other related assets, each of which forms an integral part of the Service and Spare Parts Business (Service and Spare Parts Business) from SPGPrints B.V., the Holding Company of the Company. The company has entered into definitive agreement with SPGPrints BV on June 5, 2019 for the same.
Stovec Industries is an India-based company, which is engaged in the development and production of consumables for their use in textile and graphic printing industry.
