Based in Reinach, Switzerland, Hatebur Umformmaschinen AG is joining forces with Carlo Salvi from 1st April 2016. The Swiss company is acquiring all shares in the Italian company and taking on all employees. The current locations and successful Carlo Salvi brand will remain unchanged.
Thomas Christoffel, CEO of Hatebur, sees great potential in the acquisition: “The merger of Hatebur and Carlo Salvi will strengthen the positions of both companies and is the perfect geographical market expansion.”
Dr Sergio Ziotti, current owner and CEO of Carlo Salvi, commented: “Thanks to the small overlap between the product ranges, our customers will benefit from a wider range from a single source and in particular from innovative technologies and services in the field of cold, warm and hot forming.”
Hatebur is a worldwide developer and distributor of hot and cold forming machines. The company was founded in 1930 and is 100% family-owned. It currently employs about 180 employees at its offices in Switzerland, China, Japan and Germany.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
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