Ceramic Industry News

Sacmi Makes Offer to Acquire Nuova Fima (posted 9/17/09)

September 17, 2009
/ Print / Reprints /
ShareMore
/ Text Size+
To prevent the closure of Nuova Fima, Sacmi has showed a clear interest in renting (with the obligation to subsequently purchase) a branch of the company.

Last April, the Dutch parent company of Nuova Fima, Fiorano Modenese, Italy, decided to discontinue operations. To prevent the company’s closure, Sacmi showed a clear interest in renting (with the obligation to subsequently purchase) a branch of the company to ensure continued output and save 60 of Nuova Fima’s 125 employees.

The proposed acquisition offers opportunities for important industrial synergies for Sacmi, while the takeover means not just the preclusion of a company collapse for Nuova Fima, but the chance to become part of a major group that is a leading supplier to the international ceramic industry. Nuova Fima produces automatic sorting lines for the ceramic industry, as well as vision systems, robotized palletizers, packaging machines and laser-guided vehicles.

“It’s the best possible result,” said Claudio Pistoni, mayor of Fiorano Modenese. According to Duccio Campagnoli, Emilia-Romagna’s industrial development officer with whom the relative trade union agreements were signed on September 11, “It is the outcome of the Sacmi Group’s outstanding willingness to breathe life into a new industrial venture by making the very best of some of the most advanced technology offered by Nuova Fima.”

Nuova Fima will present an agreement offer that must be accepted by creditors in order to prevent bankruptcy. According to Sacmi, the agreement offer is the result of the determination with which trade unions, the company, and local and regional institutions have dealt with the entire matter, thus restoring prospects for a part of the ceramic industry that risked “going under” and seriously damaging the local economy.

Sacmi’s website is located at www.sacmi.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px