Scm Group acquires control of Mecal Machinery

Scm Group, a leading multinational in technologies for machining a wide range of materials, signed the closing deal for the purchase of 51% of Mecal Machinery, specializing in the production of machinery and systems for processing aluminum, PVC and light alloys.

Mecal Machinery, based in Pavia, is a vertically integrated company with products made in Italy. It employs 190 workers and has a turnover of 45 million Euro.

"The entry of Mecal Machinery into the group allows us to enter a new market segment, enhancing the range of technologies and services already offered by the Group," said Marco Mancini, CEO of the Scm Group. "The partnership with Mecal Machinery, like the one signed in June with Tecno Logica in the highly innovative industrial plant sector, opens up important new business opportunities for us at international level."

Ennio Cavezzale, owner-partner of Mecal Machinery, adds: "Becoming part of a solid multinational company like Scm Group guarantees Mecal a role as a global leader in its sector, leveraging the Scm Group's capillary sales and service organization." Cavezzale remains a shareholder of the Lombard company and is the chairman of the board.

In June, Scm Group signed an agreement with Tecno Logica to take over control of its share capital. Techno Logica has offered bespoke automation solutions for a variety of industrial processes for more than 20 years.

This strategic operation that expands the range of products and services offered by the group with integrated modular and scalable systems, for large automotive, furniture, and door production manufacturers.

Tecno Logica is based in Treviso and is one of the main manufacturers of highly productive and flexible systems for a wide range of industrial processes, with over 200 installations in Europe, the Middle East, Mexico and the USA, and has a turnover of more than 30 million Euro.