Marangoni spins off new tire machinery business

Rovereto, Italy – Marangoni Group has spun off its Marangoni Meccanica business, which produces new tire manufacturing equipment, the company announced 14 June.

The business is now owned, as a “standalone entity”, by a consortium of companies consisting of family business Caran, local investing group La Finanziaria Trentina, and financial group Alto Adige Alpenring .

The business makes equipment used in the production of tire components such as tread base, tread cap, wings, sidewalls, abrasion gum strip and fillers, along with its “Fast” line of customized…

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