Two Italian heavyweights – Uteco and Bimec – have recently signed an equity agreement to offer joint solutions and a complete portfolio of end-to-end products and services to customers in the converting sector.
Uteco is considered a world leader in the production of printing and converting machinery. It is continuing its strategic growth plan, which has among the main pillars the expansion of the product portfolio to be achieved both through internal development and targeted acquisitions.
Bimec, which manufactures slitter rewinders and auxiliary systems for the processing of plastics, paper and laminated materials, aims to consolidate its presence in the Italian and international markets, addressing the emerging challenges in the flexible packaging industry.
The union of the two realities will generate a series of immediate benefits including commercial synergies (exploiting both the direct sales force and an extensive distribution network); operational synergies to optimise technical assistance with the sharing of the service network to offer a higher level of support to customers; synergies in marketing to promote a stronger and more cohesive presence on the market, increasing the visibility of the products and reaching a wider audience.
“We are confident that this partnership will offer a solid foundation to build a common successful future for Uteco and Bimec,” commented Mario Tomasi, CEO Uteco. “This agreement will allow the joining forces of two companies that have always been recognised worldwide as solid, reliable and innovative, committed daily to facing emerging challenges in the flexible packaging sector to offer real benefits to their customers.”
Caption:
Mario Tomasi, CEO Uteco, with Elena and Davide Bottoli of Bimec
For further information on Uteco products click here; on Bimec products click here