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28/11/2011 - EME Spa announces the actions to acquire ELPROM Srl

EME Spa, an Italian leader in asynchronous electric motors, announces today that it has successfully completed the actions for the acquisition of the company ELPROM. Srl located in Parma, Italy, www.elprom-gem.com. This action makes the growing strategic plan defined by the Group closer in accordance with the global business vision. The market in which we operate is highly competitive and rapidly developing. The technological  peculiarity of the motors made by ELPROM Srl, in conjunction with the possible synergy of EME Group, represents added value for both companies. The explosion proof motors and waterproof motors enlarge our range of products and allow our Group to be at the top of the European market. The technological solutions, dimensions of the products portfolio and possible applications, meet the most demanding enquiries. This new milestone marks an higher starting point for ambitious aims, knowing that global challenges can be won only through the power and belief of a strongly dedicated group.

EME Group has a turnover of 100 million Euro, 3,25 million units sold per year and a potential of over 7 million. The over 500 employees are located in five different production plants.

 

EME Group, more than just electric motors

 

Armando Donazzan
President of EME Group

 
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ORANGE1 is one of the leading manufacturer of inductive motors in Europe. The Company offers a large range of motors made in over 40 years of experience and tradition.
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