Emerson, St. Louis, has acquired 100% of the outstanding shares of System Plast S.p.A., Telgate, Italy, a producer of engineered modular belts and custom conveyor components used in the baking, bottled, food processing and packaging industries. System Plast projects 2008 revenue to be €77 million ($99.4 million). The transaction will allow Emerson to improve its ability to service food and beverage customers around the world, according to Emerson.
For more information, visit www.Emerson-EPT.com or www.EmersonIndustrialAutomation.com.This article can also be found in the digital edition of Milling and Baking News, January 27, 2008, starting on Page 44. Click here to search that archive.