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27/09/2011 - EME Spa announces the acquisition of Unielectric Spa

 

 

EME Spa, an Italian leader in asynchronous electric motors, announces today that it has entered into a definitive agreement to acquire the company Unielectric Spa located in S.Ilario d’Enza (RE), Italy (www.unielectric.it). This buyout is completely in accordance with the global business vision of Eme Spa, due to the timing and the conditions of the acquisition. The market in which we participate is highly competitive and rapidly developing. The technological and professional singularity of Unielectric Spa, in conjunction with the possible synergy of EME Group, represents added value for both companies. This milestone marks a new starting point for ambitious but achievable 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 80 million Euro. Its motors are sold in 70 countries in all five Continents, and they dispose of four plants with over 450 employees.

 

EME Group, more than just electric motors

 

Armando Donazzan
President of EME Group

 
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