Körber Expands Tissue Business with Acquisition of Roll-Tec in Brazil
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Körber Group has acquired Roll-Tec Cilindro Ltd. based in Sao Paulo, Brazil. Roll-Tec develops, produces and sells engraving cylinders for embossing machines for tissue paper and other tissue products. The acquisition was completed on July 31.
Terms of the deal were not disclosed.
The aim of the acquisition is the further international expansion of the Körber Group's Business Area Tissue. The Business Area offers complete solutions for converting and packaging machines for toilet paper, folded tissue and paper towels.
Within the Körber Business Area Tissue, Roll-Tec will work closely with Engraving Solutions in Italy and Fabio Perini's Joinville site in Brazil. With this acquisition, Körber is expanding its product range for its Latin American customers.
"We are very pleased to further strengthen our position in the Latin American Tissue market together with Roll-Tec and to drive forward our entry into the North American market," said Dineo Silverio, President of Fabio Perini Brazil. "Thanks to the addition of Roll-Tec to our technology portfolio, we can offer our customers additional, differentiated products and solutions."
"Körber is the ideal strategic partner for us," added Jose Antonio Logiodice, Managing Director of Roll-Tec. "Our combination with Körber's Business Area Tissue creates added value for our customers. The acquisition also opens up new and long-term market prospects for us."
Roll-Tec is specialized in the development, production and sale of engraving cylinders for embossing machines for tissue paper and other tissue products. The company offers development services, production of engraving cylinders, spare parts and maintenance services. Roll-Tec's headquarters and production facility are located in Sao Paulo, Brazil.
