The Voilàp group announced it has finalized an agreement to purchase 80% of the share capital of Mecal, an Italian manufacturer of machinery and systems for processing aluminum and light alloys. Full implementation is planned for the first quarter of 2020, according to a release.

Mecal was founded in 1978 by Ennio Cavezzale and Rosella Meschini and has approximately 150 employees.

“Mecal fits perfectly into our group’s historical core business, which we call our industrial division, further reinforcing our existing leadership in the world of aluminum processing, PVC and light alloys through our Elumatec, Emmegi and Tekna brands,” said Valter Caiumi, Voilàp group president. “This latest acquisition will put us on course for a turnover of over 350 million euros and will ‘increase the 300-year history’ of our group, a figure we base on the total years of experience of our component companies.”

Leave a Reply

Your email address will not be published. Required fields are marked *