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MAUS OPENS NEGOTIATIONS TO ACQUIRE SAVELLI AND FRITZ HANSBERG

Issued at 2015-06-26



Maus, Savelli and Fritz Hansberg are finding an agreement for a strategic partnership through which Maus, a world leader in automatic adjustment and vertical turning, will acquire both Savelli, world leader in molding lines and sand plants for green sand foundries and and Fritz Hansberg, a leading provider of equipments for the manufacture of cores.

The resulting group will be a global leader in automation and manufacturing foundry.

This combination, in addition to being a platform of strategic growth for the three companies concerned, will bring substantial value for customers.

With the world’s leading core making technology from Fritz Hansberg and the utmost molding line technology from Savelli, Maus in fact completes its portfolio as a full global solution provider for foundries.

Mr. Roberto Sammartin, CEO of Maus, declared: 
“Recent trends show clearly that the foundry equipment industry is concentrating.
The combination of Maus, Savelli and Fritz Hansberg will further strengthen the group’s presence in key markets such as Europe, USA and China and will position the group to be a reference point for the industry going forward”.
The resulting group will have revenues in excess of 60 million euro.


Source: Aluplanet



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