Piovan has acquired the majority stake of Italian company Penta Srl based in Poggio Renatico, Ferrara, Italy.
Penta has been operating since 1993, with effective expertise in the engineering of large systems for storage and handling of plastics and food material.
The strategic acquisition represents an 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, and become closer to its customers.
The Piovan Group has seven production facilities, 23 service and sales companies, and 70 distributors, offering a reliable, efficient and prompt service to its customers worldwide.