# IMA and ProMach plan merger to create $5B+ packaging giant

IMA and US competitor ProMach plan to aggregate within two years to create a packaging machinery group with over €5 billion in revenue, to be listed on Wall Street by 2028.

- Type: Acquisition
- Announced: 2024-01-24
- Status: rumored
- Products: automatic packaging machines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [IMA](https://endata.com/companies/2863.md)
- [ProMach](https://endata.com/companies/2759.md) (target)

## Sources

- [bebeez.it](https://bebeez.it/private-equity/ima-entro-due-anni-aggregazione-con-la-statunitense-promach-per-creare-un-colosso-da-oltre-5-mld-euro-di-fatturato-da-quotare-a-wall-street/), 2024-01-24: "Per quanto riguarda ProMach, anche prima del nostro incontro con BDT & MSD Partners, avevamo identificato questa realtà con cui allearci."

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