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Maruggi Aurelio ApogeeA i l i n g  Apogee
acqs French stake

HP sub's JV doubles down
on MPS desperate decline

UK MPS subsidiary Apogee, bought in 2016 for $500m has seen sales dive from $300m to less than $100m in 2022. Now it's invested in a French MPS joint venture? What is ceo Aurelio Maruggi's plan given the whole MPS market is cannibalizing rapidly, mirroring HP's own protectionist practices?

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