MILAN (AIMnews.it) - Agreement between Clabo and SIMEST for the acquisition of 46% of Clabo Holding USA, through a capital increase already approved by the American sub-holding for 2 million dollars, which will be fully subscribed in the next few days. The agreement provides for Clabo's commitment to repurchase the participation of ownership of SIMEST, in 2026, for a value equivalent to the initial subscription price by the latter. The agreement supports the Clabo Group's North American expansion plan, in compliance with the strategic guidelines expressed in the 2018-2022 Business Plan. "I would like to thank the Managing Director of Simest, Ms Alessandra Ricci, and the entire Board of Directors for their appreciation demonstrated towards Clabo's development plan in the world. - comments Pierluigi Bocchini, chairman of Clabo - After entering the capital of Clabo Pacific Holding in support of Clabo's growth in Asia, we are now registering Simest's participation also in the capital of Clabo Holding USA with the aim of accelerating growth in the North America market. Today, the US represents 25% of our group's revenues and will soon be the first sales market. The goal is to grow again in business segments that are close to ours and that represent high added value market niches, as our partnership with Howard McCray."