# PiovanGroup acquires 51% of FEA Process & Technological Plants

PiovanGroup has finalized the acquisition of 51% of FEA Process & Technological Plants S.r.l., a company based in Cuneo, Italy, specialized in automation for handling and storage of viscous liquids for the food industry, with a turnover of €3 million.

- Type: Acquisition
- Announced: 2019-07-25
- Where: Cuneo, Italy, Italy
- Status: completed
- Products: automation systems for handling and storage of viscous liquids, equipment for handling creams
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [PiovanGroup](https://endata.com/companies/3813.md) (acquirer)
- [FEA Process & Technological Plants](https://endata.com/companies/40891.md) (target)

## Sources

- [piovan.com](https://www.piovan.com/news/piovan-group-acquires-fea-p-t-p-a-company-based-in-cuneo-specialised-in-automation-for-the-food-industry/), 2019-07-25: "FEA has expertise in the handling and processing of complex liquid food which integrates perfectly with our proven expertise in the field of handling and storage of food powders."

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