Piovan

Nearly 300 customers from across China attended the two-day open house event hosted by PiovanGroup at its new 15,000-square-metre production facility and APAC headquarters in Suzhou. During the event, the company unveiled its new manufacturing site, designed and built in line with the latest...

The manufacturing process of medical devices and pharmaceutical packaging requires strict adherence to quality standards set by guidelines and regulations. In both Europe and the United States, these industries are governed by specific regulations that ensure product safety and efficacy...

The Piovan Group created Piovan Food & Powders, an important strategic evolution that rationalizes and unifies under a single brand the activities previously carried out by Piovan Penta and Fea in the sector of solutions for the food industry and industrial powder handling. Starting from...

Piovan’s Board of Directors has approved the group's consolidated financial statements and the draft financial statements for the 2024 financial year, including the sustainability report. Total consolidated revenues and other income amount to 571.8 million euros, in line with 2023, while net profit stands at...

The legal conditions have been met to trigger the requirements for launching a mandatory takeover bid on Piovan shares. This was announced by Automation Systems, a company whose capital is indirectly held by the Investindustrial VIII fund. In July 2024, Automation Systems had acquired a majority stake in Piovan...

Twenty-five years after the establishment of its first subsidiary in China, Piovan Industrial Automation opens a new facility in Suzhou, China, for a total investment of more than 10 million euros. The 15,000-square-meter facility is designed to promote the PiovanGroup in Asia-Pacific as...

On 3 December, Nu-Vu Conair Private opened its new plant in Ahmedabad (Gujarat, India): an operational area of more than 5,500 sqm that actually increases the plant's efficiency and production capacity as it will house new assembly lines and the logistics center for shipping. The expansion...

The board of directors of Piovan approved the consolidated financial results for the first nine months of 202, with total consolidated revenues and other income amounting to Eur 419.9 million, -1.7% compared to 30 September 2023. Consolidated adjusted net profit for the first nine months...

PiovanGroup takes part in Fakuma 2024 with its brands Piovan, Piovan Fdm, Pelletron e Thermal Care, exhibiting an overview of the latest technological innovations resulting from intensive R&D activities in the field of automation systems for plastics processing. In particular, a...

Piovan's board of directors approved the consolidated financial results of the first half of 2024. Total consolidated revenues and other income amounted to 287.5 million euros, 0.9% less compared to the first half of 2023. Adjusted operating income reached 22.9 million euros, or...

Automation Systems, a company indirectly owned by the Investindustrial fund and managed independently, signed an agreement for the acquisition of 58.35% of the share capital of Piovan from Pentafin through the purchase of 31,275,541 ordinary shares at a total price of approximately 438 million euros...

The plastics industry is a sector that requires constant innovation and adaptation. In this dynamic environment, W. u. H. Fernholz GMBH & Co. KG, based in Meinerzhagen and Schkopau - Germany, is at the forefront of sustainable innovation: in recent years, it has significantly reduced packaging weights and sheet thicknesses, working...

The board of directors of Piovan approved the consolidated financial results for the first quarter 2024. Total revenues in the period amounted to 136 million euros, -3.6% compared to 31 March 2023 while the operating profit amounted to 15.1 million euros, up from 9.6 million euros in the first quarter of 2023...

Piovan Group, world leader in the design and manufacture of process automation systems for resin and food applications, announced a significant transition in its leadership as a long-term employee step into the role of CEO, while a seasoned executive retires after thirty-six years of dedicated service. After...

The manufacturer of auxiliary equipment for the treatment of plastic materials, Piovan, recently announced its financial results for 2023 which confirm its solidity and growth. "2023 was another record-breaking year for the Piovan Group: despite the macroeconomic environment affected by...

In the injection moulding process, the cooling cycle makes up to 80% of the production time. Problems such as scale fouling, rusting or slime formation in the cooling circuit of a mould only lengthen the cooling time, up to three times the optimal cooling time. In practice, this causes a 66% loss in productivity...

PiovanGroup acquires a majority stake in Nu-Vu Conair and consolidates its competitive position in India, one of the fastest growing markets in the industry. The acquisition of an additional 1% equity stake in Nu-Vu Conair Private allows PiovanGroup, to reach a collective 51% stake and capture growth in...

PiovanGroup launches a new strategic division in industrial and process cooling, the result of the integration of the business segments operated by the recently acquired Thermal Care and the existing Aquatech. The two companies share a 50-year history of designing, selling, and servicing high-quality heat transfer solutions for...

The Board of Directors of Piovan recently approved the company’s financial statements as at 30 September 2023. Here follows a summary of the group's economic performance in the first nine months of 2023 compared to September 2022: total consolidated revenues and other income...

The Board of Directors of Piovan reviewed and approved the Consolidated Half-Year Financial Report as of 30 June 2023. “The growth in revenues and - above all - the marked improvement in profitability achieved in the first half of 2023 can mainly be attributed to the good balance of our business...