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Agreement for the acquisition of Copress

Agreement for the acquisition of Copress
The agreement between FPM Group and Ormis Engineering S.r.l. has been formalized today for the acquisition of Copress, the historical brand from Brescia active in the manufacturing of mechanical presses, which over the years has produced more than 5000 machines.
 
With the agreement signed today between Dr. Pennocchio and Mr. Eugenio Faini, FPM Group acquires the brand and know-how of the historical company and intends to continue the construction of these renowned presses, transferring warehouse and production to its operational plant in Calcinato.
 
"With this acquisition" - comments Faini, owner of FPM Group - "FPM further expands its offer of machines and systems for metal forging and stamping, adding Copress to the already associated brands: FTB, a company specialized in contact manufacturing and production of electric upsetting machines and Farm New Brass, leader in the production of heating furnaces".