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ACE is owned by Fater S.p.A., headquartered in Italy. No. The ultimate owner of ACE, Fater S.p.A., is headquartered in Italy, not in the United States.
Fater S.p.A. is a joint venture between Procter & Gamble and the Italian company Angelini Group, specializing in household cleaning products.
Sources: fatergroup.com, it.wikipedia.org
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