A i l i n g Apogee
acqs French stake
HP sub's JV doubles down
on MPS desperate decline
HP's 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?
