Acquisition

ProMach announces acquisition of Italy-based MBF

2024-07-26 2:70 min Management

ProMach, Inc

ProMach acquires MBF, a global producer of bottle-filling and closing machines, and a well-known and respected partner for wine and distilled spirits producers around the world. The addition of MBF further expands ProMach's bottle-filling and closing capabilities and represents the company's second acquisition in the Italian market this year.

Founded in 1997 in Verona, Italy, MBF is one of the beverage industry's leading rinsing, filling, and closing technology suppliers. The company has a broad portfolio of filling-related solutions for the beverage industry and is best known for its innovative filling technology and long-standing relationships with local and global manufacturers in the wine and spirits sectors. With a strong focus on continuous innovation, MBF has registered more than 20 patents. The company has a single manufacturing site in Italy and wholly owned subsidiaries in the United States, Argentina, and Spain, supporting customers in key geographic markets with local, responsive parts distribution and service.

"We are excited to welcome the MBF team to ProMach" said ProMach President and CEO Mark Anderson. "Their addition to our business continues the expansion of our filling and closing solutions, and it significantly expands our Global reach in the spirits market, an area where we have worked hard to establish a strong position." Anderson continued, saying, "MBF is an innovative company with deep customer relationships. This acquisition reinforces our commitment to providing a best-in-class experience for our wine and spirits customers around the world. MBF is a great addition to the ProMach family and to our portfolio of solutions."

Based in Verona, Italy, MBF and its more than 200 employees will join ProMach's Primary Packaging business line led by Group President Doug Stambaugh. ProMach's Primary Packaging business line provides filling, closing, labeling, and related solutions to customers worldwide across 12 product brands. Stambaugh leads a group that includes two other European-headquartered ProMach brands who are leading suppliers in the wine and spirits sector – P.E. Labellers(IT), one of the world's largest decorative labeling companies, and Zalkin(FR), a global leader in capping.

"The addition of MBF to our Primary Packaging business line is not only exciting, but also a strategic move that underscores the global nature of our business. Many of our European-based spirits customers have long and trusted relationships with MBF, not to mention large installation bases of MBF equipment. This acquisition allows ProMach the opportunity to better serve our European customers, both in Europe and abroad, and it offers continuity for MBF's existing customers worldwide," said Stambaugh. "We are also excited to expand our product portfolio in the wine and spirits industry. MBF has a comprehensive and innovative filling offering, and ProMach has process and packaging technologies that will complement the MBF offering. This will allow us to provide a more complete solution for our customers."

Chairman Antonio Bertolaso, Managing Director Anita Bertolaso and Operations Manager Giuliano Boscaro will remain with the company and continue to lead the MBF team. 

"Joining ProMach is an exciting opportunity that will allow us to continue and expand our original vision that has guided us for over 27 years", said Antonio Bertolaso. "Our philosophy has always been to be, not a simple machine manufacturer, but a partner for our customers, creating a long-term relationship by offering consultancy and the best technical solutions and service for their needs."

view original source: PR Web

www.promachbuilt.com

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ProMach announces acquisition of Italy-based MBF

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