Marchesini Group completes the acquisition of the Sea Vision Group after acquiring a 48% stake in the business in 2018.
WHO: Founded in Pavia, Italy, Sea Vision Group has become a leader in the construction of traceability, data collection, and inspection systems in the pharmaceuticals and cosmetics packaging sector.
Headquartered in Pianoro, the Marchesini Group was founded in 1974 by Massimo Marchesini. Over the years, the company has grown from a small, local business into a major industrial enterprise, thanks to a continuous process of mergers and acquisitions of complementary companies.
WHY: The Sea Vision Group transaction completes a long-term strategy to integrate mechanical engineering businesses controlled by Marchesini Group with some of Italy's top software and vision companies.
IN THEIR OWN WORDS: "We have been engaging with Industry 4.0 issues for over 20 years, since well before they became a hot topic," commented Pietro Cassani. "Sea Vision Group's entry into the Marchesini Group will enable us to create packaging lines which are even more integrated with vision and inspection systems, to guarantee our customers ever-improving performances and a high degree of personalization."
"After years of strategic partnership, today we are completing our entry into the Marchesini Group: this operation will ensure Sea Vision Group the best conditions for growth on the international markets, and further boost our already strong development ambitions," said Michele Cei, CEO of Sea Vision Group. "All the projects on which we are hard at work to launch new products with AI techniques, such as Line Clearance, or in the areas of Vision and Traceability, will continue with even greater drive. We will also retain our commercial independence—in other words, our identity."
"Through in-house management of the complex dynamics involved in the digitalization of production processes, we intend to interconnect mechanical engineering with robotics and software, and manufacturing with digitalization and AI," commented Maurizio Marchesini, Chairman of Marchesini Group and Vice Chairman of Confindustria responsible for Supply Chains and Medium-Sized Enterprises.
"The aim is to transform the production lines which package, amongst other things, products like Covid vaccines and cancer drugs, into objects which can be entirely interconnected, in order to offer our customers real-time technical service in line with the highest standards required by the industries in which we work."
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