31-07-2020

CHIORINO S.P.A ACQUISITION OF KRUSE S.R.L.

We are pleased to inform that on 24th July 2020, CHIORINO S.p.A. has acquired the 100% of KRUSE s.r.l., a company located in San Mauro Torinese (Turin) and since 20 years our Exclusive Distributor of coating plates for varnishing units of packaging industry's cardboards.
 
With this acquisition CHIORINO carries out, also for the varnishing plates product family, its business model which is aimed to integrate the manufacturing and the distributing activities, getting as close as possible to the End Markets.
 
This acquisition does not change the core business of CHIORINO Group, that is by far committed to the development, production and distribution of innovative conveyor belts, flat transmission belts and timing belts.

Biella, 31st July 2020