October 25, 2023
(press release)
–
Uteco (https://www.uteco.com), Italian company that is world leader in the production of printing and converting machineries, is continuing with determination its strategic growth plan, which has among the main pillars the expansion of the product portfolio to be achieved both through internal development and targeted acquisitions. Gap S.r.l. (https://www.gapitaly.com), Italian company specializing in the design and manufacturing of specialty machineries for plastic films extrusion, aims to consolidate its presence in both the Italian and international markets by addressing emerging challenges in the flexible packaging industry. In this context, Uteco and Gap are pleased to announce that they have recently signed an equity agreement. The agreement allows the companies to jointly offer valuable solutions and a complete portfolio of end-to-end products and services to customers in the converting sector. The union of the two realities will allow to generate a series of immediate benefits including commercial synergies on direct sales force and indirect channel; operational synergies to optimize technical assistance with the sharing of the service network to offer an ever higher level of support to customers; synergies in marketing to promote an ever stronger and more cohesive presence on the market, increasing the visibility of the products and reaching a wider audience. In conclusion, we are confident that this partnership will offer a solid foundation to build a common successful future for Uteco and Gap.
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