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Advance Capital is pleased to announce the sale of a 40% stake in the Research and Investment Center Cable Technologies (NIC CT) to a consortium of private investors.

NIC CT specializes in the development, production, and sale of high-tech cable products, primarily used in rolling stock for rail transport. The company’s products meet high industry requirements and standards and are distinguished by advanced technology and enhanced performance characteristics.

Advance Capital acted as the exclusive financial advisor to Cable Technologies.

The deal value is not disclosed.