SACMI acquires Abruzzo-based firm Velomat
SACMI recently purchased Abruzzo-based Velomat, a leading designer and manufacturer of high-speed assembly machines for caps, micro-pumps and medical devices.
Completed on February 19, this takeover is part of a broader strategy by SACMI to expand and diversify opportunities in the industry in light of recent regulatory, product and market developments.
“The industry is evolving towards multi-line and multi-material solutions that require careful assessment of the technology package in order to meet production requirements,” explains the President of SACMI Imola, Paolo Mongardi.
“Rising to that challenge will involve research into both new materials/solutions and component assembly. When it comes to the latter, Velomat is just the firm we've been looking for to help implement our growth strategy,” he adds.
Being the world's leading producer of machines and complete plants for the manufacture of plastic and metal caps and capsules, SACMI has no intention of being anything less than fully equipped to face the challenges posed by today's closure market.
SACMI purchased Abruzzo-based Velomat in order to bring new, immediate product and market synergies.
“To give just a few examples, just consider the new lines for complex aluminium-plastic caps/capsules or the new slitting solutions for tethered applications, all areas where there's significant, immediate synergy with Velomat's know-how and product range,” continues Paolo Mongardi.
Now 70% SACMI-owned – with a 100% buyout option – the Abruzzo-based company already leads the way in European markets and is a key supplier to numerous sectors (not only food but also, but not mainly, pharma, housekeeping, cosmetics, etc.).
The international SACMI Group has a turnover of €1.4 billion and a structured presence in 30 countries, joining its global network opens up major new internationalization prospects for Velomat, with SACMI setting up new synergies and ensuring managerial continuity.
Currently a customized prototyping specialist, Velomat will, by joining the Group, be able to standardize its product range and aim it at a broader target by taking the global market as its frame of reference and becoming a stable component of the SACMI Group sales, production and assistance network.
