Meccanotecnica Umbra SpA, Italy Acquires Fugesco Inc.
On the 12th December 2018, Meccanotecnica Umbra S.p.A, Campello sul Clitunno, Italy, acquired Fugesco Inc., a Company located in Pointe-Claire, Quebec, Canada.
The location and activities of the business will remain unchanged, and will continue to operate under the name of Fugesco.
The aquisition allows Meccanotecnica Umbra S.p.A. to expand its knowledge and application base into a new industry segment.
Fugesco Inc. has served the hydropower industry and local municipalities for over twenty years with unique and complete mechanical seals up to 4 meters in diameter. All products are studied, designed and manufactured by specialists. Their strength resides in the ability to manufacture products specifically adapted to the customer's needs and operating conditions.
Meccanotecnica Umbra S.p.A. is an International company that specializes in design and manufacturing of mechanical face seals that serve many markets including automotive, industrial and household appliance. Its footprint is global, with facilities in Italy, Germany, Sweden, USA, Brazil, China, India and now Canada.
We welcome the new Canadian Team to the Meccanotecnica Umbra group. We share a common vision in custom design and branded mechanical seals for a diverse range of applications. We look forward to growing our business together by providing our OEM partners with a strong value proposition to help them innovate and differentiate their product designs and grow a profitable revenue stream in mechanical seals”, says Paolo Zenone, Fugesco Inc. President and Meccanotecnica Umbra S.p.A. Industrial Division Director.