Megadyne to acquire SATI.

Megadyne, which develops and manufactures rubber and plastic products, to acquire SATI, which's line of business includes production and distribution of power transmission products for industrial use. Financial terms were not disclosed. For the company, the aim of the operation is to exploit the industrial potential and business synergies of its companies and to establish itself more and more internationally. Megadyne, on the other hand, aims to include in its range of products those of Sati, integrating its offer. "This is another decisive moment in Sati's 45-year journey. With renewed enthusiasm, we will continue with development. As part of a larger group, which benefits from greater financial and commercial strengths, this will allow Sati and its employees to further grow and expand internationally," Ames Rambaldi, Sati CEO.