PINETTE PEI has acquired Italian engineering firm GADE S.R.L. to enhance its position in the European metal processing machinery market and drive innovation and sustainability initiatives.
Information on the Target
The acquisition of GADE S.R.L. by PINETTE PEI marks a strategic move that positions PINETTE PEI as a leading player in the European market for innovative metal folding and cutting machinery. This partnership combines the strengths of both companies, allowing them to better serve their clients and enhance their positive environmental impact.
GADE S.R.L., headquartered in Italy, specializes in the design, manufacturing, sale, and maintenance of custom bending machines and shears. By merging its capabilities with those of Jean Perrot, a division of PINETTE PEI, the two entities aim to create a robust European leader in their field, targeting a significant market share and advancing technical capabilities.
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Industry Overview in Italy
The metal processing machinery industry in Italy is characterized by a strong emphasis on innovation and high-quality manufacturing. Italy remains one of Europe's dominant hubs for machinery production, be
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