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Germany’s EJP buys company in Poland that had been a strategic alliance partner

2/8/2021 -- Germany’s EJP Maschinen GmbH announced that it has purchased a “significant portion” of Italmec, a manufacturer of wire drawing machines and peripheral equipment located in Poland that last year had joined it as a strategic partner.
A press release said that, with the drawing lines from Italmec and the cleaning systems from EJP (previously known as EJP WITEC GmbH), EJP’s structure now allows it to offer complete production lines for the entire process chain, from wire rod to finished coil. Founded in 2006, Italmec Sp. z o.o. has extensive industry knowledge and experience. In November 2018, Italmec acquired the WWM (Welding Wire Machinery) brand, which included the know-how of its employees as well as all projects and patents. At EJP’s website, it notes that it also offers combined drawing machines, drawbenches, peeling machines and straightening machines

Last September, EJP and Lothar Köppen co-founded EJP WIRE Technology, which supplies machines and related process technology for pretreatment of wire. “There were many changes in the international market in 2020,” said EJP Managing Director Jacques Paraskevas. “Through the participation in Italmec and WWM, we are filling a gap that was created last year.” He observed that the involvement in the two companies was another logical step towards complete solutions for the wire industry: EJP is now one of the few suppliers that produce complete plants for the entire “wire” process chain and at the same time have a global sales and service network. There are also synergies to other long products, such as “rods, tubes and profiles.”

The two other EJP companies include EJP-TOSCA, which supplies shot blasting equipment; and EJP Italia, which provides butt welding equipment for wire.

Read 1020 times Last modified on February 8, 2021