TAURINGROUP ANNOUNCES THE ACQUISITION OF PEDRAZZOLI-IBP

TAURING GROUP manufacturer of machines branded TAURING® and SAF® announces the acquisition of PEDRAZZOLI-IBP.

TAURING GROUP consolidates its leadership in the cold metal deformation.

TAURING GROUP manufacturer of machines branded TAURING® and SAF® announces the acquisition of PEDRAZZOLI-IBP.

The core business of TAURING GROUP, which this year celebrates 60 years of activity, is the construction of Section and Pipe bending machines with high technological content, whose high degree of reliability, accuracy and simplicity of use are a sector main reference. The strength of TAURING GROUP is based on the know-how, quality, innovation, and especially on a solid family tradition and corporate structure.

The acquisition of the PEDRAZZOLI-IBP company allows TAURING GROUP to implement a Brand Extension; this is accomplished through the extension and the differentiation of machines range, with the expertise sharing of the two companies, and through the brands value and reputation accretion, both historically related to the field of deformation.

Integrating a recognized brand in bending, shaping and cutting of tubes and profiles as PEDRAZZOLI-IBP into TAURING GROUP, allows to broaden both companies action field positioning themselves on new industrial sectors. Moreover, PEDRAZZOLI-IBP can count on TAURING GROUP business and industrial organization, and also on its strategic and commercial vision. The combination of TAURING GROUP and PEDRAZZOLI-IBP experiences enables customers to benefit from excellent capacity for innovation and an integrated answer, which allows customized solutions and distinctive services.

The mission, as a tradition, is the satisfaction of customers with integrated products and services technologically advanced.

 

When two companies merge their historical forces, experience and know-how, gives a birth to a recipe with infinite potential.”

 Mauro MELIGA, Presidente & CEO TAURING GROUP