Omco, a manufacturer of glass moulds, said it would acquire the business and its production plants in Hungary and South Africa.
The contracts have been signed and closing is targeted for September 30.
The acquisition of the production plants in Hungary and South Africa will enhance OMCO’s leadership position in the production of moulds for global players in the glass container market. T
The acquisition demonstrates its strategy of developing manufacturing capacity to serve the market needs geographically with technology and experienced people.
“The integration of the acquired organisation will take place over the next months. Investments in the production plants in Hungary and South Africa are expected to result in greater operational efficiencies and enlarge OMCO’s market supply in Europe and Africa. Clients of both of both companies will continue to receive highest quality products, as this has always been the standard practice with all the customers,” said Darko Ranogajec, CEO of OMCO.
Mark Ross, CEO of Ross International, added: “I am personally grateful to all who have contributed to the proud heritage of the Ross brand, spanning five decades of distinction in the industry.
“I am confident customers will be well served, and I wish continued success to our esteemed colleagues who will be joining the Omco organisation to continue the quest for excellence in Engineering, Technology, Quality, Delivery and Speed to Market on new product development.”
16.09.2020, OMCO
Les informations publiées sur notre portail sont soumises au droit d´auteur et appartiennent à la société en question resp. à la source des nouvelles. Tous les droits sont réservés expressément. N´importe quel utilisateur qui accède à un tel matériel peut faire ainsi seulement pour sa propre utilisation personnelle, et l´usage d´un tel matériel est au risque unique de l´utilisateur. La redistribution ou toute autre exploitation commerciale d´un tel matériel de nouvelles est expressément interdite. Là où un tel matériel de nouvelles est fourni par un tiers, chaque utilisateur accepte d´observer et être lié par les limites spécifiques de l´utilisation s´appliquant à un tel matériel de nouvelles. Glass Global ne représente ou n´approuve pas l´exactitude ou la fiabilité d´aucune des informations citées dans les nouvelles ou pages externes auxquelles on se réfère ici.
Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.