Shanghai Precise Packaging Co Ltd (SZSE:300442) agreed to acquire Co.M.A.N. Costruzioni Meccaniche Artigianali Noceto Srl from Bruno Grassani, Fabio Giroldini, Giovanni Corradini and B.G.F. Tecno Service S.r.l for €17.5 million on January 20, 2017. For the year ended, the company reported a revenue of €20.173 million and total common equity of €6.659 million.