Cermex acquires Newtec Case Palletizing
Cermex, a leader in secondary packaging machinery and a subsidiary of the Tetra Laval group, has today announced it is acquiring Newtec Case Palletizing, an maker of palletizing systems, from the Newtec Group.
in the NewsUnited Airlines and Lufthansa to partner in international cargo operations New trade policies may have negative impact on industrial real estate markets Maximize Your LTL Driver Adherence with Real-time Feedback The Manufacturing Institute, Deloitte and APICS release new study on women in manufacturing PMMI announces Jim Pittas as the next president and CEO More News
Cermex, a leader in secondary packaging machinery and a subsidiary of the Tetra Laval group, has today announced it is acquiring Newtec Case Palletizing, an maker of palletizing systems, from the Newtec Group. The acquisition represents a continuation of Cermex’s growth strategy, by consolidating and strengthening its three-dimensional expertise in case packing, shrink-wrapping and palletizing. Cermex will acquire Newtec Case Palletizing’s plant in Saint-Laurent-sur-Sèvre in France, and its related layer-by-layer and robotic-unit load palletizing activity. In addition to expanding its turnover and workforce, which will now reach € 120 million and nearly 800 employees respectively, the acquisition will also enable Cermex to create opportunities for synergies, both internationally and in new market segments.
An expert in its field, Newtec Case Palletizing strengthens and increases Cermex’s range of palletizing solutions. At the same time, the global strength of the Cermex Sales & Services organization, and its experience with international buyers, opens up wider opportunities to the newly-expanded range.
This new stage in Cermex’s expansion will further improve its service to its historical customers in the food, beverage, home care, personal care and health care sectors. Thanks to Newtec Case
Palletizing’s expertise in liquid dairy products, this latter market segment will form a more integral part of the Cermex strategy.
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
2017 Warehouse/DC Equipment Survey: Investment up as service pressures rise Putaway 101: Everything in its Place View More From this Issue