SCM GROUP, a leading multinational in technologies for machining a wide range of materials, signed the closing deal for the purchase of 51% of Mecal Machinery, specialising in the production of machinery and systems for processing aluminium, PVC and light alloys.
Mecal Machinery, based in Pavia, is a vertically integrated company with a 100% made in Italy production with 190 employees and a turnover of €45 million.
“The entry of Mecal Machinery into the group,” emphasises Marco Mancini, CEO of the SCM Group, ’allows us to enter a new market segment, enhancing the range of technologies and services already offered by the Group. The Partnership with Mecal Machinery, like the one signed in June with Tecno Logica in the highly innovative industrial plant sector, opens up important new business opportunities for us at international level’.
Ennio Cavezzale, owner-partner of Mecal Machinery, adds: “Becoming part of a solid multinational company like SCM Group guarantees Mecal a role as a global leader in its sector, leveraging the SCM Group’s capillary sales and service organisation.”
Mr Cavezzale remains a shareholder of the Lombard company with the role of Chairman of the Board.
See page 18 of our December 2024/January 2025 issue on our Back Issues page.
