Colines acquires Torninova

21 March 2016

Gruppo Colines Holding, a company based in Nibbia – San Pietro Mosezzo (Novara – Italy), active in the production of lines and machinery for plastics processing, has finalized a business branch lease agreement aimed at the acquisition of the sector of the company Torninova Srl in Bastia Umbra (Perugia – Italy) – represented by Mr Massimo Mencarelli, Ceo – dedicated to manufacturing, assembling and maintenance of equipment for producing plastics materials in general and, in particular, air-bubble film.
Gruppo Colines Holding, already a key player in the global market with its subsidiaries Colines SpA and Elav Srl, operating with a production range including eight sectors, thanks to this integration intends to strengthen also its predominant global sales volume – besides its technological superiority – in the field of machinery for producing protective air-bubble film.

“This operation – as commented by Eraldo Peccetti, President and Ceo of Gch – expresses a perfect combination and substantial synergy between the high technology of the machinery for air-bubble film – and not only – designed and sold by Colines since the early ‘70s and the large number of lines for the same application designed and sold by Torninova since the ‘90s all over the world”.

Photo: Massimo Mencarelli, Ceo of TORNINOVA and Eraldo Peccetti, President and Ceo of GRUPPO COLINES HOLDING

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