Combining skills and experiences for a long-term growth strategy
The company branch of Martinenghi S.r.l. in Albignano d’Adda (MI) historical firm active in the market of machines for the production of collapsible tubes, aerosol cans and rigid containers made of aluminium as well as in the construction of high speed digital printing machines (Michelangelo) on hollow cylindrical containers of various kinds, has been acquired by a newco called Martinenghi Tech S.r.l. whose majority shareholder is MOSS S.r.l. located in Reggio Emilia, a world leader company for over 50 years in the construction of dry-offset and silk-screen printing machines. The original ownership of Martinenghi will join the newco with a minority stake with the aim of guaranteeing its own contribution through the specificities and widespread technical skills acquired over decades of activity.
With this transaction, effective from September 9th, 2021, MOSS will have the operational management and will outline the new strategies. To ensure continuity, the activity of Martinenghi Tech will continue to take place at the Albignano d’Adda plant.
“The acquisition” says Dr. Andrea Fantozzi, CEO of MOSS and of the newco Martinenghi Tech “aims to consolidate the presence on the market of a historic brand such as Martinenghi as well as to encourage greater penetration of the company in the market of digital solutions, where we will try to bring the concept of MOSS, aimed at pursuing a long-term growth strategy, through product innovation, focusing on the development of markets and the expansion of solutions. I am very pleased also to welcome Martinenghi customers and employees to the new Martinenghi Tech and I look forward to supporting them in their future activities. On the side of MOSS, we believe that the transaction will help to positively accelerate the growth of our business.”
According to Eng. Umberto Bianchi, member of the Board of Directors of the newco “The new company will make it possible combining the skills and experiences of companies that are leaders in their respective markets. This is a historic choice for two family businesses, which make people – together with technology – one of the main assets of their respective companies, as well as sustainability one of the competitiveness drivers in the sector.”