4/4/2016 12:07:00 AM
HEADLINES
ACQUISITIONS: Hatebur Buys Carlo Salvi
Switzerland-based Hatebur Umformmaschinen AG is acquiring cold forming machine manufacturer Carlo Salvi of Italy. The deal takes effect April 1.
Hatebur is acquiring “all shares in the Italian company and taking on all employees.”
“The current locations and successful Carlo Salvi brand will remain unchanged,” Hatebur added.
“Thanks to the small overlap between the product ranges, our customers will benefit from a wider range from a single source and in particular from innovative technologies and services in the field of cold, warm and hot forming,” stated Sergio Ziotti, current owner and CEO of Carlo Salvi.
Funded in 1939, Carlo Salvi is a worldwide developer, manufacturer and distributor of cold forming machines, and currently employs about 92 workers. Carlo Salvi S.p.A. has facilities in the U.S., China and UK, and is headquartered at Via Ponte Rotto 67, 23852 Garlate -LC- Italia. Tel: (39) 0341 654 611 Fax (39) 0341 682 869 Email: carlosalvi@carlosalvi.it Web: carlosalvi.it
Carlo Salvi’s North American headquarters is at 4035 N. King Rd., Sylvania, OH 43560. Tel: 419 843-7951
Hatebur is a worldwide developer and distributor of hot and cold forming machines. The company was founded in 1930 and is 100% family-owned. It currently employs about 180 employees at its offices in Switzerland, China, Japan and Germany. Web: hatebur.ch
Related Stories:
Share: