Brazilian Industrias Romi acquires 3rd factory in Italy

Industrias Romi SA, leader in machinery and equipment, announced the acquisition of Italian  company Fertigungssysteme Burkhardt + Weber GmbH for  20.5 million euros. This will be Romi’s third factory in Italy.

“This acquisition will complement the business of the Romi machine tool division, which accounts for about 65% of our revenue,” said to Jornal Valor,  Livaldo Aguiar dos Santos, CEO of Romi. In 2010, the Company’s revenue was R $ 675 million.

The Burkhardt + Weber develops and manufactures large machines and machining centers for applications in various industry segments such as shipbuilding, commercial vehicles, tractors, electric motors, gearboxes, among others.”The main focus with this acquisition is strategic complementarity.

Founded in 1930, Industrias Romi in Brazil is a leader in machinery and equipment. The group operates in three sectors: Machine Tools (metal cutting machines and metal removal equipment such as CNC Lathes, Conventional Engine Lathes, and Machining Centers); Plastic Processing Machines (Plastic Injection Molding Machines and Blow machines) and Rough or machined grey, ductile and vermicular castings.