# Tecnau acquires all operating activities of Sitma Machinery

Tecnau, a leader in paper handling and finishing solutions, acquired all operating activities of Sitma Machinery S.P.A., a company specializing in packaging and e-logistics systems. The acquisition expands Tecnau's product portfolio and global reach.

- Type: Acquisition
- Announced: 2023-07-10
- Where: Ivrea, Italy, Italy
- Jobs: 370
- Status: completed
- Products: paper handling systems, packaging systems, e-logistics solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Tecnau](https://endata.com/companies/71359.md) (acquirer)
- [Sitma Machinery S.P.A.](https://endata.com/companies/71360.md) (target)

## Sources

- [automation.tecnau.com](https://automation.tecnau.com/tecnau-acquires-all-operating-activities-of-sitma/), 2023-07-11: "Tecnau, a global market leader in paper handling, monitoring, processing and finishing solutions for the digital print industry, announced today the acquisition of all operating activities of Sitma Machinery S.P.A."
- [packagingimpressions.com](https://www.packagingimpressions.com/article/tecnau-acquires-all-operating-activities-of-sitma/), 2023-07-11: "Tecnau, a company focused on paper handling, monitoring, processing and finishing solutions for the digital print industry, announced the acquisition of all operating activities of Sitma Machinery S.P.A."
- [piworld.com](https://www.piworld.com/article/tecnau-acquires-all-operating-activities-of-sitma/), 2023-07-11: "We are very excited to welcome all Sitma employees, customers and partners to the bigger Tecnau family."
- [ippstar.org](https://ippstar.org/2023/07/12/tecnau-acquires-all-operating-activities/), 2023-07-12: "Tecnau, a global name in paper handling, monitoring, processing and finishing solutions for the digital print industry, on 10 July announced the acquisition of all operating activities of Sitma Machinery S.P.A."

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