Mevis to acquire Euromeccanica Group.

Mevis, which designs and manufactures stamped and welded springs and metal components for leading European companies, agreed to acquire Euromeccanica Group, which operates mainly in the sheet metal forming sector. Financial terms were not disclosed. At the base of the agreement, there is the common awareness of the need to increase the business size to support development in a global market, difficult and competitive, with important investments in modern and innovative technologies and above all in human resources. Functional growth, diversifying market sectors and geographical areas, also useful for being better suited to managing the risk of possible sudden crises and equally rapid restarts.