# Fava merges with Storci to create global pasta equipment leader

Fava S.p.A. merged with Storci by incorporation, creating a company with over €100 million in revenue, 320 employees, and a 40% global market share in pasta-making equipment.

- Type: Acquisition
- Announced: 2023-07-13
- Where: Cento, Ferrara, Italy
- Jobs: 320
- Status: completed
- Products: pasta-making equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Fava](https://endata.com/companies/71420.md) (acquirer)
- [Storci](https://endata.com/companies/71421.md) (target)

## Sources

- [ilrestodelcarlino.it](https://www.ilrestodelcarlino.it/ferrara/cronaca/via-alla-fusione-tra-fava-e-storci-leader-nelle-tecnologie-della-pasta-21db868a), 2023-07-13: "L'unione delle due società proietta Fava Spa ad oltre 100 milioni di euro di ricavi, un organico di 320 dipendenti."

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