# PiovanGroup acquires selected assets of Protec Polymer Processing GmbH

PiovanGroup, through its controlled company FDM, is acquiring selected assets of German competitor Protec Polymer Processing GmbH, which is in receivership. The transaction involves assets from material handling, dosing, and recycling divisions.

- Type: Acquisition
- Announced: 2023-02-09
- Where: Germany
- Status: announced
- Products: material handling systems, dosing systems, recycling systems, plastic regeneration, crystallization
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PiovanGroup](https://endata.com/companies/3813.md) (acquirer)
- [ProTec Polymer Processing](https://endata.com/companies/47150.md) (target)

## Sources

- [piovan.com](https://www.piovan.com/news/piovan-group-takes-over-selected-assets-of-protec-polymer-processing-gmbh/), 2023-02-09: "It is a great honour and responsibility for PiovanGroup and FDM to continue such an important tradition and offer their customers the possibility of enjoying such a long technological partnership."

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