A.Celli Paper acquires PMT Italia
A.CELLI PAPER SPA, main affiliate of ITALIA TECHNOLOGY ALLIANCE group, announces the acquisition of PMT ITALIA - PAPER MACHINERY TECHNOLOGY, a company operating in the production of machinery for tissue and paper industry.
PMT ITALIA, based in Pinerolo, was born in 2000 but shares a long tradition of expertise and success as former subsidiary of Beloit Corporation. It was in fact, for over 50 years, the main European headquarters of the American group with the name of Beloit Italia. Thanks to its consolidated know-how and skills, PMT ITALIA has successfully operated in the tissue and paper market for a further twenty years.
With the entry of A.Celli Paper, PMT Italia’s range of products will get fresh impetus through synergies with the organization and know-how of A.Celli Paper. The specific and cutting edge technologies developed in the field of packaging papers, cardboard, printing, will be available for the group worldwide customers, and the Customer Service division will be restructured and strengthened as well, in order to guarantee continuity and reliability to customers operating with ex-Beloit/PMT Italia machineries.
“With this operation, carried out in a period of general uncertainty, we want to demonstrate the desire to guarantee cutting-edge technologies and timely assistance for Italian and foreign companies operating in the strategic sector of paper and tissue. Maintaining this heritage in Italy is an important step that will bring benefit to the entire paper supply chain, including the district of Lucca,” states Mauro Celli, shareholder of ITALIA TECHNOLOGY ALLIANCE.