Swiss machinery group Wifag-Polytype buys thermoforming equipment maker OMV

By Bill Bregar
Senior Staff Reporter

Published: July 17, 2013 4:00 pm ET
Updated: July 17, 2013 4:30 pm ET

Related to this story

Topics Mergers & Acquisitions, Thermoforming, Machinery
Companies & Associations OMV USA Inc.

Swiss industrial conglomerate Wifag-Polytype Holdings Ltd. has purchased Italian thermoforming machinery maker OMV Machinery srl.

Wifag-Polytype, based in Fribourg, Switzerland, runs a global group of companies that makes production lines for aluminum and steel aerosol containers, beverage bottles, tubes and sleeves, plastic cup and lid printing machines, coating lines for flexible packaging and films/foils, and newspaper and book printing machines. The privately held group employs 1,200.

OMV, based in Verona, Italy, employs 45.

In a deal announced July 17, Wifag-Polytype bought OMV shares from Verona-based ISAP Packaging SpA. Terms were not disclosed.

OMV, found in 1963, makes high-output thermoforming equipment and integrated lines, including extruders and tooling. The company has been known for its large-platen thermoforming machines, but in recent years has targeted food packaging and in-mold labeling.

Officials of OMV and Wifag-Polytype were not immediately available for comment.

The deal adds thermoforming to Wifag-Polytype’s extensive portfolio of packaging-related equipment. Polytype makes dry offset printing machines that can print from six to nine colors on plastic cups and lids.

Its other plastics-related equipment includes machinery to make tubes and sleeves for packaging. Wifag-Polytype also manufacturers coating and laminating equipment for flexible packaging applications such as barrier film, metalized paper, labels and tapes, blister foils and backsheets for solar cells.

 


Comments

Swiss machinery group Wifag-Polytype buys thermoforming equipment maker OMV

By Bill Bregar
Senior Staff Reporter

Published: July 17, 2013 4:00 pm ET
Updated: July 17, 2013 4:30 pm ET

Post Your Comments


Back to story


More stories

Image

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS...    More

Image

BASF to sell its share in Singapore JV

December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore ...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events