Semperit selling Italian hose plant to Matec Group

Vienna – Semperit has agreed to sell its hydraulic and industrial hose production plant in Rovago, northern Italy to Matec Group.

The decision to sell the Semperflex unit was made as part of a strategy to reduce complexity, the Austrian rubber engineering group said 17 Dec.

In August, Semperit announced that it was studying the future of the Semperflex Roiter site, in Rovago. This was part of a group-wide restructuring programme launched earlier this year.

The plant produces customised industrial hoses up to a nominal diameter of 609mm….

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with