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….