# Biesse's Intermac to acquire 60% of Movetro and joint venture for Montresor

Intermac, a division of Biesse Group, signed preliminary agreements to acquire 60% of Movetro s.r.l. and, in joint venture with Donatoni Macchine, to purchase Montresor & C. s.r.l. The deals are expected to close by end of July/August 2017.

- Type: Acquisition
- Announced: 2017-07-19
- Where: Villafranca di Verona, Italy
- Status: announced
- Products: automated glass handling systems, edge polishers for stone
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Biesse Group](https://endata.com/companies/17410.md) (acquirer)
- [Movetro](https://endata.com/companies/17411.md) (target)
- [Montresor & C.](https://endata.com/companies/17412.md) (target)
- [Donatoni Macchine](https://endata.com/companies/17413.md) (partner)
- [Intermac](https://endata.com/companies/17455.md) (acquirer)

## Sources

- [surfaceandpanel.com](https://www.surfaceandpanel.com/biesse-signed-the-preliminary-agreements-for-the-acquisition-of-movetro-srl-and-montresor-c-srl/), 2017-07-20: "Both acquisitions, whilst having no impact on the financial structure of the Biesse Group, are highly strategic and will enable Intermac to increase its 4.0 solution product offer in glass and stone."
- [xylon.it](https://www.xylon.it/en/2017/07/31/anche-montresor-verso-lacquisizione-parte-intermac-divisione-biesse/), 2017-07-31: "This joint venture, led by Intermac (the Biesse spa division dedicated to designing and marketing technologies for machining natural and synthetic stone, which is 10 percent owned by Donatoni Macchine srl), will see the company acquiring 100 percent of Montresor & C. srl by August 2017."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
