SPAIN
At the beginning of June, G.D S.p.A., part of the Coesia Group, announced the acquisition of the Instrumentation & Tobacco Machinery business currently owned by Molins PLC, subject to customary pre-closing conditions.
With 2016 revenues of approximately GBP 40 million, headquartered in Milton Keynes, UK, the Instrumentation & Tobacco Machinery division is a global player in the design, development, and manufacturing of secondary tobacco processing machinery, under the brand name Molins, as well as a leading player in process and quality control instruments and analytical smoke constituent capture machinery, under the brand name Cerulean. Following the acquisition, both Molins and Cerulean trademarks will be transferred to G.D.
Through the acquisition of the Instrumentation & Tobacco Machinery business, G.D strengthens its leading position in tobacco machinery while increasing its product offerings in the instrumentation segment.
G.D is a world leader in making and packing machines for the tobacco industry and it is the only manufacturer able to supply complete high-speed lines. The acquisition of Molins allows G.D to count on the support of a consolidated company to further enhance its portfolio in the market.