Körber Group acquires MTC S.R.L. (FOTO)

Hamburg / Lucca, Italy (ots) -

The international technology group Körber, headquartered in
Hamburg, Germany, completed the acquisition of MTC S.R.L, based in
Lucca, Italy with effect from 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 collaborating with Fabio Perini S.p.A.,
which is located also 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."

"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," added Stefano Di Santo,
CEO of Körber Tissue. "MTC is a perfect match for our existing Tissue
companies, as it gives us access to additional tissue machinery
market segments."

"Körber is the ideal strategic partner for us," said Alessandro De
Matteis, CEO of MTC. "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."

About Körber

Körber AG is the holding company of an international technology
Group with about 11,500 employees around the world. It comprises
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.

The Business Area Körber Tissue is synonymous with innovation,
state-of-the-art technologies, and end-to-end solutions for
processing and packaging machinery and equipment for toilet paper and
paper towels. Outstanding innovations and a systematic customer
orientation make the Business Area a technology and market leader in
the sector.

About MTC S.R.L.

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.

Contact:
Henriette Viebig
Head of Corporate Communications
Körber AG
Tel. +49-40-21107-422
Mob. +49-173-6696857
henriette.viebig@koerber.de

Saskia Raav
Corporate Communications
Körber AG
Tel. +49-40-21107-485
Mob. +49-174-1836052
saskia.raav@koerber.de

Alessandro De Matteis
CEO
MTC S.R.L
a.dematteis@mtcitalia.com

Original-Content von: K?rber AG, übermittelt durch news aktuell