Investindustrial-backed Omnia Technologies completed the acquisition of TMCI Padovan.

Investindustrial-backed Omnia Technologies, a designer and manufacturer of automated machines and integrated production lines, completed the acquisition of TMCI Padovan, an industrial group. Financial terms were not disclosed. "These acquisitions are a fundamental step in our growth path. TMCI Padovan is a company with over 100 years’ history and a unique portfolio of knowledge and clients, while Omega synergically complements our offering and improves ourservice. As a result, we will be able to strengthen Omnia Technologies' presence in the machinery for the food and beverage industry and to further expand our offering in the processing and bottling segments," Andrea Stolfa, Omnia Technologies CEO.