POLYTEC EMC Engineering GmbH has been acquired by Cannon S.p.A.
PUR Holding GmbH has sold its majority stake in POLYTEC EMC Engineering GmbH to Cannon S.p.A., the manufacturer of advanced industrial equipment for plastic processing.
POLYTEC EMC produces high-quality casting and dosing systems, offering a unique variety of reliable, top-tier processing technologies. It manufactures multi-component, mixing and dosing systems for the mechanical processing of polyurethanes, cast polyamides, adhesives, sealants and epoxy resins. The company offers a wide range of services, including design, software development, control cabinet construction, manufacturing, assembly, commissioning, documentation and after-sales support for processing machinery. POLYTEC is a trusted partner in rapidly growing markets across industrial sectors, such as renewable energy, construction technology, mechanical engineering and transportation technology.
Cannon S.p.A. is made up of 30 companies and operates in over 40 countries around the world. It provides central services to its operating companies and has been owned by two families since its founding in 1965. From the outset, the group has developed machines and plants for reactive polymer technologies, composites and thermoforming processes in plastic applications. It is also involved in machinery for aluminum casting, industrial boilers, water treatment plants and industrial electronics. The group offers equipment design, manufacturing, service and maintenance to a global customer network. Cannon’s customer-centric approach features a globally recognized in-house research and development (R&D) department that supports clients in developing innovative, tailor-made technologies and production processes. These operations are strategically located, with manufacturing plants in Italy as well as across Europe, North America, China and Japan. Each of Cannon’s companies specializes in specific polymer application segments. They work in synergy, combining their expertise and know-how. Together, they create bespoke solutions tailored to customer needs across key industries, including automotive, aerospace, domestic and industrial refrigeration, building and construction, technical components, medical equipment, wind power, sanitary products, furniture and consumer and industrial goods.
Oaklins’ team in Austria acted as the exclusive M&A advisor to PUR Holding during the entire sales process.
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