Fragola Industries signed binding agreement to acquire Filtration Business in Brazil from Sogefi S.p.A. (BIT:SO) on December 17, 2020. Sogefi will continue to operate in Brazil with its Suspension Business. Filtration Business of Brazil has sales around €27 million and a negative EBITDA contribution in 2020. Closing of the transaction is expected by the end of the year 2020.