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CAT shares closed lower after 6 days of gains. Analysts are cautious, but optimistic about future performance.
The U.S. subsidiary of Bologna-based IMA Group said Wednesday it wants to construct an additional 35,000 square feet of space in which to produce more freeze-drying equipment.
The business has successfully expanded its share in a highly fragmented market from 4% in 2007 to 11% in 2024 in the US through a combination of its “cluster” strategy and bolt-on acquisitions.