Valmet and Massimiliano Corsini srl. have signed a sale and purchase agreement of MC Paper Machinery and Focus Rewinding business to Valmet. The acquisition is estimated to be completed by August 6, 2015.

Machinery

Valmet to acquire tissue rewinder business from Massimiliano Corsini in Italy

Jul 31, 2015. /Lesprom Network/. Valmet and Massimiliano Corsini srl. have signed a sale and purchase agreement of MC Paper Machinery and Focus Rewinding business to Valmet. The acquisition is estimated to be completed by August 6, 2015, as the company says in the press release received by Lesprom Network.

The acquired operations mainly supply rewinders for tissue and non-woven machines. In the past years the net sales of the acquired business has been around Euro 10 million. The operations employ 33 people and are located in Pescia, close to Lucca, Italy.
Through the acquisition, Valmet strengthens its offering and continues to develop its business.

"Valmet and MC Paper Machinery share the same determination to offer leading technologies, with highest customer satisfaction. Through the acquisition, Valmet will become a technology and service company with a wider offering of high technology equipment for tissue production. By combining tissue paper and re-winding machinery with process know-how, automation and services and global presence from both companies, we can serve the tissue producers even better than before and move our customers' performance forward," says Anders Björn, Vice President of Valmet's Tissue Mills Business Unit.

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries.