Paper Converting Machine Company acquires STAX Technologies
November 6, 2019Paper Converting Machine Company
(PCMC), part of the Barry-Wehmiller Converting Solutions Platform, acquired
STAX Technologies (“STAX”), headquartered in Čačak, Serbia. The acquisition
adds reciprocating flow technology to PCMC’s tissue packaging product line
offering.
STAX is a market leader in the tissue packaging equipment industry, whose core
product offerings include wrappers, bundlers, casepackers and palletizers.
Since its entrance into the market more than 15 years ago, STAX has built a
global customer base and continues to deliver innovative and cost-effective
solutions to the market.
“This marks a new era for PCMC,” said Sergio Casella, PCMC-Italy President. “By
adding STAX’s expertise and capabilities, we are the only manufacturer to offer
both reciprocating and continuous flow equipment as well as complete solutions
from unwinders through palletizers for customers worldwide.”
This acquisition will fuel STAX’s global expansion, as PCMC’s well-established
footprint provides the parts and service network customers need in today’s
competitive tissue market. “Our field service technicians will now deliver the
same exceptional service on STAX equipment like they have on PCMC machines for
the last century,” said Casella.
“This new partnership with STAX Technologies provides PCMC with an
exciting opportunity to build a stronger, more sustainable global tissue
packaging organization,” added Bob Chapman, Barry-Wehmiller Chairman and CEO.
“We look forward to working alongside STAX’s team members whom we know will
greatly benefit from Barry-Wehmiller’s unique, people-centric culture,
financial strength and unwavering commitment to
purpose-driven growth.”