26/07/2024 – Acquisition
DDD Group expands into Italy
German DDD Group, based in Dorsten, North Rhine-Westphalia, took over the business activities of the Italian company Sovatec s.r.l. at the beginning of July 2024.
The sales team of Italian Sovatec s.r.l. © DDD Group
The new subsidiary, headquartered in Stazzano (Piedmont), has been producing high-quality wire and polyurethane screens for various industries and applications, particularly for the separation of mining and quarrying products, since it was founded in 1973.
With its portfolio, Sovatec is the market leader in Italy and, with an export quota of over 50%, it is also an established supplier for customers throughout Europe. In addition to the significant increase in capacity in the production of wire screens, DDD Group is taking advantage of synergy effects and expanding its own product range through the integration of polyurethane screens.
The internationally renowned and traditional company name “Sovatec” will be retained, as will the current 50 employees, all of whom will continue to be employed under the new management. The company will continue to design its brand identity independently, with the affiliation to DDD Group being added as a visible and publicly communicable attribute. Within the Group, Sovatec will act as a “Center of Excellence” for heavy-duty screens in the future.
Paul Tüshaus, Managing Director of Dorstener Drahtwerke, sees the acquisition of Sovatec as an investment in the future of all the companies in the Group: “With the subsidiaries MSD, CES, MDC and Sovatec, DDD Group is advancing to become one of the most important global suppliers for the screening industry. In the future, we will be able to supply our customers even faster and more comprehensively. At the same time, the expansion of our portfolio will make us more resistant and increase our technical expertise, which we want to bring to the market in the form of technical innovations,” says Tüshaus.
With the Italian Simone Cademartori, Sovatec has a new local managing director who has many years of experience in various internationally operating companies from the manufacturing industry. Raimon Jordi, long-standing Managing Director of the Spanish Mallas Screens Dorstener S.L. (MSD), and Paul Tueshaus will be responsible for the new subsidiary within the Group.
About Dorstener Drahtwerke Group of Companies (DDD Group)
DDD Group is a global network of specialized companies with great expertise in wire and its diverse applications. They have been producing top-class drawn wire, wire cloth and screens since 1918. They use their long tradition and experience in wire production to develop high-quality niche products for their target markets. They produce for the automotive, chemical, graphics and aerospace industries, among others.
www.dorstener-drahtwerke.de/en/about-us/group-of-companies/
