OTS - Körber Group acquires MTC S.R.L.
2017. June 16. 11:00
Hamburg / Lucca, 16 June, 2017 (APA/OTS) - The international
technology group Körber, headquartered in Hamburg, Germany,
completed the acquisition of MTC S.R.L, based in Lucca, Italy with
effect from June 14, 2017 following approval from the German
antitrust authorities. MTC develops, manufactures and sells
interfolder / multifolder lines (tissue converting machines) for
tissue paper products (facials, folded towels) - for which it is
considered to be the global technological leader - as well as
napkin converting lines. The objective of the acquisition is to
further expand the Körber Group's Business Area Tissue. This
Business Area offers end-to-end solutions for processing and
packaging machinery and equipment for toilet paper and kitchen
rolls.
Körber aims with this acquisition to extend offerings for their
customers.
MTC's lines are used to fold and pack tissue paper products
such as facial tissue, hand towels, toilet paper and napkins. The
company has a strong track record as a technology leader, having
introduced innovations such as the interfolding system with only
one paper feeding way on its multi-fold vacuum interfolders.
MTC employs some 60 experts. Within the Körber Business Area
Tissue, MTC will closely collaborating with Fabio Perini S.p.A.,
which is located also in Lucca, Italy.
"We highly welcome the opportunity to expand and to strengthen
our activities in the Tissue market together with MTC," emphasized
the Chairman of the Group Executive Board of Körber AG, Stephan
Seifert. "Integrating MTC into our technology portfolio adds
exciting new products and solutions for our customers."
"Within our Business Area, MTC benefits from our extensive
technological know-how, long-time experience in the Tissue market
and in particular the international footprint," added Stefano Di
Santo, CEO of Körber Tissue. "MTC is a perfect match for our
existing Tissue companies, as it gives us access to additional
tissue machinery market segments."
"Körber is the ideal strategic partner for us," said Alessandro
De Matteis, CEO of MTC. "Becoming part of Körber Tissue is adding
value for our existing and potential customers while the
acquisition opens up new, long-term and international perspectives
for us."
About Körber
Körber AG is the holding company of an international technology
Group with about 11,500 employees around the world. It comprises
leading technology companies with around 130 production, service
and sales sites. At locations around the globe Körber combines the
benefits of a globally-present organization with the strengths of
highly-specialized and flexible small to medium-sized companies
that offer their customers solutions, products and services in the
Business Areas of Automation, Logistics Systems, Machine Tools,
Pharma Systems, Tissue and Tobacco.
The Business Area Körber Tissue is synonymous with innovation,
state-of-the-art technologies, and end-to-end solutions for
processing and packaging machinery and equipment for toilet paper
and paper towels. Outstanding innovations and a systematic customer
orientation make the Business Area a technology and market leader
in the sector.
About MTC S.R.L.
MTC is specialized in the design, development and production of
fully automated converting lines for the tissue paper industry with
focus on folding lines.
MTC headquarters and production facility are located in Porcari
(LU), Italy. The company's offering includes complete converting
lines, as well as single machines, upgrades, spare parts and
maintenance services.
Contact:
Henriette Viebig
Head of Corporate Communications
Körber AG
Tel. +49-40-21107-422
Mob. +49-173-6696857
henriette.viebig@koerber.de
Saskia Raav
Corporate Communications
Körber AG
Tel. +49-40-21107-485
Mob.+49-174-1836052
saskia.raav@koerber.de
Alessandro De Matteis
CEO
MTC S.R.L.
a.dematteis@mtcitalia.com
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