EuroWire March 2017

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News
Corporate
March 2017 25
Tenova business forges
ahead
Effective from 1st January, the businesses
of Tenova Core Inc, Pomini Tenova Inc
(USA) and Tenova I2S will operate as a
single company.
The new company identity is Tenova Inc
and all of its business activities will be
conducted as Tenova Inc.
Thomas Bovalina, current Tenova Core
president and CEO, will continue to
serve in the same position for the newly
formed Tenova Inc.
The new company will allow each
product area to take advantage of
Tenova’s global resource network and
advanced technology offerings.
The Tenova Inc product portfolio includes
Melt Shops, LOI Thermprocess (heat
treating furnaces), Italimpianti (reheating
furnaces and strip processing), Pomini
(roll shops) and I2S (cold rolling mills).
The combined company will also allow
for a more seamless and efficient sales
and delivery process for its customers in
the USA, Canada and Mexico markets.
Tenova Inc – Italy
Website:
AS the new owners of Carlo Salvi SpA,
Hatebur Umformmaschinen AG will lead
and appoint a new management team for
the business based in Garlate, Italy.
The current CEO, Dr Sergio Ziotti, retired
from the business at the end of 2016. He
acquired the company in 1994 following
the death of its founder, Carlo Salvi. Under
his leadership further development of
the company was planned and, from
2002, production was expanded and
modernised.
In 2014, Carlo Salvi acquired a partner
company, a supplier which had previously
contributed the electrical and electronic
systems of the machines.
This important strategic step secured
further production of modern machines
and paved the way to high-quality
customer service.
In October 2015, the further development
of the company was concluded with
the addition of a 1,300m2 building, and
marketing activities were simultaneously
strengthened.
In order to secure the future of Carlo Salvi,
Dr Ziotti searched for a suitable successor.
With the acquisition of Carlo Salvi,
Hatebur took over a modern company
for the production of high-performance,
high-tech machines in neighbouring
Europe and its complementary product
portfolio.
The Swiss firm purchased several of the
Italian company’s shares and took on
all members of staff. Hatebur develops
forming machines for hot and cold
massive forming and markets them
around the globe.
This 100 per cent family-owned
company was founded in 1930 and
currently employs around 180 staff at
sites in Switzerland, China, Japan and
Germany.
Hatebur Umformmaschinen AG –
Switzerland
Website:
Newmanagement after buyout