Canalplast S.p.A., following the acquisition of Olan S.r.l., is pleased to announce the acquisition of V. Antonioli S.r.l. - EURONORM
Milan, 23/05/2024 – Canalplast S.p.A., a leading company in the production of plastic trunking systems for the containment of electrical cables, is delighted to announce the acquisition of V. Antonioli S.r.l. – EURONORM specializing in the production of rigid pipes, corrugated pipes and spiral hoses.
The acquisition of V. Antonioli S.r.l. – EURONORM marks a significant step in Canalplast S.p.A.’s growth strategy, further solidifying its position as a market leader. V. Antonioli S.r.l. – EURONORM was chosen as the ideal partner for acquisition due to its reputation for excellence in the industry and its established presence in the market. The company has demonstrated a strong ability to deliver high-quality products and reliable services to its customers, values fully shared by Canalplast S.p.A.
With the acquisition of V. Antonioli S.r.l. – EURONORM following that of Olan S.r.l. (manufacturer of junction boxes, enclosures and pipe accessories), Canalplast S.p.A. aims to strengthen its presence both in Italy and internationally, offering increasingly comprehensive solutions to its customers.
Christian Villi, CEO of Canalplast S.p.A., commented: “This acquisition represents an exciting moment for both companies involved. We are thrilled to welcome the talented employees of V. Antonioli S.r.l. – EURONORM and to work together to create added value for our customers. We share a common vision of success, and we are confident that this operation will enable us to achieve even more significant results.”
Canalplast S.p.A.’s General Manager, Andrea Meneghello, added: “The acquisition of V. Antonioli S.r.l. – EURONORM is further evidence of the determination of the Villi family, now in its third generation, to invest in the sector and seize opportunities. Like Olan S.r.l. in the past, the companies will collaborate but remain independent, continuing to operate with their distinctive brands.“