MOSCA Acquires Movitec
Stretch wrapper specialist Movitec will become an independent brand within the MOSCA Group
April 26, 2021
With the acquisition of Movitec Wrapping Systems, MOSCA GmbH will be expanding its end-of-line portfolio.
The acquisition helps the Waldbrunn-based strapping specialist build up its expertise, particularly in the food, agricultural, and pharmaceutical industries. At the same time, MOSCA is offering Movitec access to a global sales network for its stretch wrapping machines. Movitec will operate under its current management as an independent brand within the global MOSCA Group. Founded in 2004, Movitec currently has about 50 employees and is based in Alcoletge, Spain.
Strapping machine specialist MOSCA and stretch wrapping expert Movitec share the same focus: Fully automated solutions for fast and reliable securing of goods for transport at the end of the packaging line. MOSCA's acquisition of Movitec became official on March 18, 2021 at a contract signing at Movitec headquarters in Alcoletge, which took place in compliance with COVID restrictions.
“Our subsidiary, MOSCA Direct Spain, has been working successfully with Movitec on a project basis for several years and it became clear that we have a lot in common, from the highest quality standards and comprehensive service packages, to our operating methods and structures,” said MOSCA CEO Timo Mosca.
Yet the two companies are not in direct competition with each other. While strapping ensures optimal stability of the product bundle, the focus of stretch wrapping is on protecting goods from external influences such as dust, moisture, or dirt. Adrian Ritzhaupt, group director commercial & service at MOSCA, explained, "Of course, we currently serve some of the same markets, but this overlap only accounts for a small share of our respective sales volumes. The merger offers great potential to open up new markets for both companies and enables us to provide more comprehensive solutions to our customers."
Movitec co-founder Victor Teixiné is also committed to the merger. "As part of the MOSCA Group, we have the opportunity to benefit from the well-established and proven sales and supply chain structures of a global expert,” said Teixiné. “At the same time, we are excited about bringing together the best of both worlds in end-of-line technology and working together to accelerate the development of innovative solutions."
Teixiné will continue to oversee Movitec as the managing director and nothing will change for the stretch wrapper manufacturer's 40 or so employees. Processes and customer relationships will also remain unchanged.
Sustainable and Cost-Efficient Systems
As a result of the acquisition, Movitec will become an independent brand within the MOSCA Group. Movitec stretch wrappers are currently used in fully automated applications and, thanks to their ring wrapping technology, they offer high throughput of up to 160 pallets per hour. Movitec solutions are most often utilized in the food, agricultural, and pharmaceutical industries. MOSCA strapping solutions are mainly found in the corrugated cardboard, paper and logistics industries.
About the Author
You May Also Like