Market: Machinery and Equipment
Posted July 11, 2018
International technology Group Andritz has acquired a 70% stake in Diatec S.R.L., a leading manufacturer of converting machines for the hygiene and food packaging industries based in Collecorvino, Italy. The remaining 30% will stay in the hands of the two current shareholding families, as the company says in the press release received by Lesprom Network.
Diatec designs and manufactures a wide range of special machines and technological solutions, mainly for the production of baby diapers and other absorbent hygiene products, but also for food packaging.
With this acquisition, Andritz complements its product portfolio in Nonwoven and is now able to offer the complete supply and value chain, from the raw material, to webfoming, finishing, and converting.