date:May 08, 2012
etails of the takeover were provided but Passemard said Newtecs case palletizing unit had a turnover of around 22m and employed 140 people. This makes it the largest business unit in Newtec which said its total turnover in 2010 reached 33m with a workforce of 210.
International reach, turnkey solutions
The deal will see Cermex secure Newtecs palletizing plant in Saint-Laurent-sure-Sevre in France along with its related layer-by-layer and robotic unit loading palletizing activity.
Cermex sa