It is rare that a privately owned company feels the need to publicly deny takeover rumors, no matter if circulated in perfect good faith or supported by assumed strategic values, but when the gossip becomes an annoying chatter, then blown film extruder manufacturer Macchi (Venegono Inferiore, Italy) has to step up to stop the rumor mill.
So far, these rumors or wrong perceptions have been not supported by any decisions to change the course set by Anthony Michel. Caprioli.The managing director and company's founder son-in-law, since 2012 leading the company's daily operations, says that though he understands that a still stagnating market in the present realm of international geo-political situation creates a hyper-competitive environment, however he does not pardon the persistent rumor mongering. Mergers and acquisitions in the film extrusion machinery market, which is largely in the hands of privately owned firms, have been noted in the last years, involving German, North American and Italian concerns. Anyway any similar action is not on the Macchi horizon, as he says Macchi exited 2013, 2014 and 2015 with a repeated, remarkable two digits growth, and that the company's present logbook of confirmed orders is good and well into 2017 calendar, thus he is fully focused to charge ahead without any immediate needs or will to enter into “any holy alliances.”