PiovanGroup announces binding agreements to acquire MIX&CO and BHT, strengthening its portfolio of industrial automation and processing solutions.
The two acquisitions expand and strengthen PiovanGroup’s portfolio of technical solutions offered through its Technical Polymers and Food & Powders divisions. PiovanGroup has taken another significant step forward in its strategic path of inorganic growth by entering into binding agreements to acquire Mix&Co (operating under the Mix, Comav, and Eurosis brands) and BHT—two industrial operators manufacturing machinery and components for processing plants, based between the provinces of Modena (Italy) and Ferrara (Italy), where PiovanGroup already operates two manufacturing sites.
The acquisitions will strengthen, in a synergistic manner, the Group’s Technical Polymers and Food & Powders divisions. Both Mix&Co and BHT bring longstanding expertise and will enable PiovanGroup to consolidate its positioning as a global reference technology provider. The acquired technologies share strong process affinities with PiovanGroup’s solutions across polymers, food, and broader industrial applications. As a result of the two acquisitions, the Group’s customers will benefit from a wider technology portfolio, now enriched with dosers, mixers, special valves, filters and other key components used in process engineering and plant systems.
“We are excited about these transactions, which are part of our strategy to expand the technologies offered within our systems and to grow into new segments of the food sector. Combining the technological know-how of the acquired companies with PiovanGroup’s global sales network will allow these companies to accelerate their international expansion,” said Filippo Zuppichin, CEO of PiovanGroup.
In both cases, the current management teams—supported by a solid track-record of value creation—will continue to lead their respective companies as they enter their next stage of development. At the same time, joining PiovanGroup will accelerate their growth, internationalization, and technology development.