BAVELLONI STARTING NEGOTIATIONS ON THE PURCHASE OF GLASTON PRE-PROCESSING BUSINESS IN USA AND CANADA

Bavelloni SpA is starting negotiations with Glaston Corporation on the purchase of the company’s Glass Pre-Processing business in USA and Canada.

This operation is aimed at consolidating Bavelloni’s presence in the United States and Canada, where the Company is currently represented by Glaston America.

In line with its strategic plans, Bavelloni SpA is committed to strengthen its position through a direct presence in North America, which is one of its main markets.

By investing in the USA, Bavelloni SpA will be able to be closer to its numerous loyal customers, to promote the Bavelloni brand and to put more and more focus on the local business.

At the same time, Glaston and Bavelloni SpA are defining the renewal of their collaboration where Glaston acts as official Bavelloni distributor in Mexico, Brazil and Singapore area.

“The American market has always been very important to the Bavelloni brand” states Mr. Franco Pirola, Sales Director and Partner in Bavelloni SpA. “This transaction will enable us to further expand our presence and our business in the United States and in Canada. The collaboration with Glaston has been crucial in the last 18 months, and it will continue to be so even in the future.”