Uniteam joins Biesse Group

Biesse Group, the Pesaro-based multinational company dedicated to manufacturing machines and systems for machining wood, glass, stone and composite materials (and listed in the STAR segment of the Italian Stock Exchange), has announced its acquisition of 100% of shares in Uniteam SpA. Since 1991, this Venetian industrial company, soon to be part of Biesse, has specialised in the design and manufacture of CNC multi-axis machining centres for wood construction materials, machining of advanced materials and a range of other special applications from automotive to prototyping, among others.

This union will represent a harmonious integration of synergies, according to the heads of the two companies, and both stand to benefit from the agreement: Biesse Group will further extend its product range, penetrating the "niche" yet highly-strategic industry of timber carpentry (beams and structural façades), drawing on the expertise of Uniteam to enhance its range of products and applications for machining plastics and advanced composite materials. This deal is part of Biesse@¬#s development and growth project, which has seen the Group expanding its business along external lines for some time. Uniteam, in turn, will benefit from the Group@¬#s undeniable international exposure and visibility, taking advantage of Biesse@¬#s status as one of the main players on the global stage in terms of industrial machines.

These two companies of different sizes are both driven by the same core values, which place innovation and technology at the foundation of every project, and consider research and development to be essential ingredients for industrial growth. Both Biesse and Uniteam will be able to exploit this fusion to their benefit, whilst maintaining the individual identity and features that have led to their extraordinary success in their respective sectors.

* For further information: www.biesse.com