The deal creates a Group made up of entrepreneurs from the Veneto region, active in the manufacturing machinery for the baking industry with a workforce of 500 people and 8 plants in 4 countries.
The new Group, which also includes Gostol-Gopan and Mecateck Group, will generate combined sales of around Euro 100 million.
Logiudice Forni, founded near Verona, is active in the manufacturing ovens and professional mixers for bakeries and pastry shops while Mimac Italia, headquartered near Vicenza, is specialized in the production of dropping machines for the confectionery industry.
Tecnopool is a leading company active in the designing, manufacturing and installing of highly customized machinery lines for food industry products treatment and processing. It posted 2017 sales of Euro 64 million, 85% of which generated abroad.
The acquisition allows Tecnopool to consolidate its presence on the international markets and enables the new Group to benefit from synergies and to provide efficient, comprehensive and tailored solutions to its customers.