CPM Holdings Inc. (CPM) has announced the acquisition of Di Più Macchine Impianti based in Breganze, Italy.
Founded in 1996, Di Più is a leading supplier of mechanical and hydraulic briquetting machinery and replacement parts. Di Più will be organized under CPM Europe B.V. and will play an integral role in its Global Biomass Group.
"Combined, Di Più and CPM's greatest strength can be found in our core values and commitment to customer success," remarked CPM Europe and Global Biomass Group Director Maarten Visser. "Our product technologies and market positions are complementary in every way."
Former owners Andrea and Enrico Benetti will continue to serve Di Più in leadership and management roles and will guide integration and alignment efforts into the larger CPM organization.
"By joining CPM, Di Più will accelerate its global growth and development," said Enrico Benetti. "The entire organization is excited to begin this next journey and build upon the company's legacy of great equipment, service and industry commitment."
The acquisition significantly expands CPM's agglomeration portfolio, serving biomass, recycling and metal waste industries with sales, service, production and process technology centers in the Americas, Europe and Asia.
About Di Più Systems s.r.l.
Established in 1996, Di Più is the world's leading supplier of mechanical and hydraulic briquetting technology, including complete lines, equipment and aftermarket support. Di Piu Systems s.r.l. will maintain its operations in Breganze, Italy. CPM will invest resources and align business processes to support growth around the world. Customers will continue to experience the unmatched capabilities, passion for the equipment and industry commitment that has been Di Più's trademark around the world.