Italy’s 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, specialising in the production of machinery and systems for processing aluminium, PVC and light alloys.
Mecal Machinery, based in Pavia, is a vertically integrated company with a 100% made-in-Italy production with 190 employees and a turnover of €45 million. Ennio Cavezzale, owner-partner of Mecal Machinery, remains a shareholder of the Lombard company with the role of Chairman of the Board.
He said: “Becoming part of a solid multinational company like SCM guarantees Mecal a role as a global leader in its sector, leveraging the Group’s capillary sales and service organisation.”
SCM Group coordinates, supports and develops a system of industrial excellence in three large, highly specialised production centres in Italy, with a turnover of €900 million, with 4,000 employees and a direct presence on all continents.