Tufropes: Aimia reports a $23.3M net loss in Q4, but closes two manufacturing acquisitions
Highlights of Aimia's quarter include its January announcement revealing it will purchase ropes and netting manufacturer Tufropes Pvt Ltd. for $252.6 million.
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Tufropes is an India-based manufacturer and supplier of products such as synthetic fiber ropes and nets for sectors including aquaculture and maritime.
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