Lifco said it agreed to acquire a majority of the shares in the Italian company Toppy S.r.l. Toppy develops and sells pallet changing systems for the pharmaceutical, food, and beverage industries.
In 2024, Toppy reported net sales of approximately EUR 17 million. The company is based in Valsamoggia, Bologna, Italy and has 50 employees. Toppy will be consolidated in Business Area Systems Solutions, division Transportation Products. Consolidation is expected to take place in the third quarter of 2025.
Lifco noted that the acquisition will not have any significant effect on its earnings or financial position in the current financial year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.