Körber Group Acquires MTC

Körber, Hamburg, Germany, has completed the acquisition of MTC S.R.L, Lucca, Italy, effective June 14, 2017, following approval from the German antitrust authorities.

MTC develops, manufactures, and sells interfolder/multifolder lines (tissue converting machines) for tissue paper products (facials, folded towels)—for which it is considered to be the global technological leader—as well as napkin converting lines. The objective of the acquisition is to further expand the Körber Group's Business Area Tissue. This business area offers end-to-end solutions for processing and packaging machinery and equipment for toilet paper and kitchen rolls.

Körber aims with this acquisition to extend offerings for their customers.

 

 

MTC's lines are used to fold and pack tissue paper products such as facial tissue, hand towels, toilet paper, and napkins. The company has a strong track record as a technology leader, having introduced innovations such as the interfolding system with only one paper feeding way on its multi-fold vacuum interfolders.

MTC employs some 60 experts. Within the Körber Business Area Tissue, MTC will closely collaborate with Fabio Perini, which also is located in Lucca, Italy.

"We highly welcome the opportunity to expand and to strengthen our activities in the Tissue market together with MTC," emphasized the Chairman of the Group Executive Board of Körber AG Stephan Seifert. "Integrating MTC into our technology portfolio adds exciting new products and solutions for our customers."

Stefano Di Santo, CEO of Körber Tissue, added that "within our business area, MTC benefits from our extensive technological know-how, long-time experience in the tissue market, and in particular the international footprint. MTC is a perfect match for our existing tissue companies, as it gives us access to additional tissue machinery market segments."

Alessandro De Matteis, CEO of MTC., noted that "Körber is the ideal strategic partner for us. Becoming part of Körber Tissue is adding value for our existing and potential customers, while the acquisition opens up new, long-term and international perspectives for us."

Körber AG is the holding company of an international technology Group with about 11,500 employees around the world. It is comprised of leading technology companies with around 130 production, service, and sales sites. At locations around the globe, Körber combines the benefits of a globally-present organization with the strengths of highly-specialized and flexible small to medium-sized companies that offer their customers solutions, products and services in the business areas of automation, logistics systems, machine tools, pharma systems, tissue, and tobacco.

MTC is specialized in the design, development, and production of fully automated converting lines for the tissue paper industry with focus on folding lines. MTC headquarters and production facility are located in Porcari (LU), Italy. The company's offering includes complete converting lines, as well as single machines, upgrades, spare parts, and maintenance services.