# Continental takes over Italian plastics maker Merlett Tecnoplastic

German group Continental completed the takeover of Merlett Tecnoplastic, a Daverio, Italy plastics manufacturer with about 510 employees, which becomes part of its ContiTech division. The handover ceremony was held in Varese on 9 November 2019.

- Type: Acquisition
- Announced: 2019-11-09
- Where: Daverio, Varese, Italy
- Status: completed
- Products: technical plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (acquirer)
- [Merlett Tecnoplastic](https://endata.com/companies/5769.md) (target)

## Sources

- [varesenews.it](https://www.varesenews.it/2019/11/merlett-continental-giorno-del-passaggio-consegne-ufficiale/871121/), 2019-11-09: "Merlett Tecnoplastic spa farà parte di Contitech, una divisione del gruppo tedesco"

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