# Uteco and CMG sign binding equity agreement

Uteco, a printing and converting machinery leader, and CMG, an Italian extrusion machinery specialist, signed a binding equity agreement to collaborate on end-to-end converting solutions for the flexible packaging sector.

- Type: Partnership
- Announced: 2024-03-25
- Where: Italy
- Status: announced
- Products: printing and converting machineries, single-bubble extrusion machines, coextrusion machines, HDPE processing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Uteco Converting](https://endata.com/companies/73792.md) (partner)
- [CMG](https://endata.com/companies/76409.md) (partner)

## Sources

- [uteco.com](https://www.uteco.com/en/media/news/empowering-innovation-uteco-and-cmg-sign-binding-equity-agreement-shape-future), 2024-03-25: "This partnership empowers both entities to collaborate on innovative solutions and deliver a comprehensive range of end-to-end products and services to clients."

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