Rollon acquires Italian company TMT and strengthens linear motion range
Rollon, the international group based in Vimercate, Italy, specializing in linear motion solutions for different sectors - including industrial machines, railway, aerospace, and medical – announced that it was closing the acquisition process for the Italian company TMT, with offices in Milan and factory located in Castel San Giovanni (Piacenza). The company produces linear systems and rails, and is owned by Mondial S.p.a.
This acquisition strengthens Rollon’s range of linear motion solutions, expanding the current range of complementary products to feature on of TMT’s best product families, “Speedy Rail”, in particular. Built in aluminum alloy, Speedy Rail is a range of structural rails that are particularly resistant to wear in critical environments. Rollon consolidates its own position in the industrial machines sector and in the applications areas of the automotive, ceramics, glass and metal industries, in addition to the packaging compartment.
This was another step for Rollon in its expansion on the national and international market, after last year’s acquisitions of Tecno Center in Turin, Italy and the German company Hegra. The Vimercate-based company plans to close 2016 with 82 million euro in revenue, with growth in double digits compared to the previous year and an even larger international presence: recently, in fact, they opened a branch in Tokyo, Japan and two others in Shanghai, China and Bangalore, India, respectively. These new branches are now part of a network that includes the locations already opened in France, Germany, and the USA, in addition to offices in Russia, Brazil, and the UK. The Rollon Group employs around 450 people worldwide, of which more than 300 work at the production plant in Vimercate.
The DV Law Firm in Milan, represented by attorneys Roberto Via and Stefania Cresci, assisted Rollon S.p.A during the acquisition procedure.
"The acquisition of TMT enhances the product range of the Rollon Group, guaranteeing that our range is even more complete and able to respond to the different applications and market demands: this is an important step in our growth strategy, which reinforces Rollon as a global provider for all linear movement solutions,” said Eraldo Bianchessi, CEO of Rollon Group.