US-headed CPM Holdings Inc. (CPM), one of the world’s leading supplier of processing equipment and technology to the biofuels, animal feed, oilseed, food, and compounding industries has announced the acquisition of Italy-based Di Più Macchine Impianti Srl, a supplier of mechanical and hydraulic briquetting technology.
According to a statement, Di Più will be organized under CPM Europe B.V. and will play an integral role in its Global Biomass Group. The acquisition “significantly expands” CPM’s agglomeration portfolio serving biomass, recycling, and metal waste industries with sales, service, production, and process technology centers in the Americas, Europe and Asia.
Combined, Di Più and CPMs’ greatest strength can be found in our core values and commitment to customer success. Our product technologies and market positions are complementary in every way, remarked Maarten Visser, CPM Europe and Global Biomass Group Director.
Former owners Andrea and Enrico Benetti will continue to serve Di Più in leadership and management roles and will guide integration and alignment efforts into the larger CPM organization. Di Piu Systems will maintain its operations in Breganze, Italy. CPM will invest resources and align business processes to support growth around the world.
By joining CPM, Di Più will accelerate its global growth and development. The entire organization is excited to begin this next journey and build upon the company’s legacy of great equipment, service and industry commitment, said Enrico Benetti.