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Piovan has acquired the majority stake of the Italian company Penta S.r.l. based in Poggio Renatico, Ferrara.
Penta is operating since 1993 with an effective expertise in the engineering of large systems for storage and handling of plastics and food material. This strategic acquisition represents for Piovan a further important step in completing the range of solutions in the plastics sectors and expanding the business in additional fields outside plastics. Penta will take advantage of Piovan’s international network to enlarge its global presence so as to be closer to its customers.

Read the complete article published on Extrusion.