On October 11, 2013, a joint venture agreement was signed between Amut and Comi for the establishment of Amut-Comi SpA. The main goal of the new company will be the delivery of complete thermoforming lines based on the know-how of these Italian leaders in the plastics machinery industry.
"The Amut Group is striving to achieve its growth and development targets on two fronts: products and markets", says Mauro Drappo, CEO of Amut, commenting on the agreement. "As regards products, in Italy the Amut-Comi joint venture aims at carving out an increasingly larger share of the market, as it was created in order to outmatch the competitiveness of German manufacturers. We believe very much in this project, and we are going to present it at K 2013 at the Amut Group booth and at a special booth in Hall 3 specially dedicated to thermoforming technology".
"As regards international markets, on the other hand, we recently completed the legal procedures for the establishment of the Amut-Wortex joint venture", Drappo continues. "With this initiative we want to strengthen our presence in Brazil, adding a manufacturing operation besides the existing trading and technical assistance ones, in order to conquer the rest of Latin America with high-tech and low-cost products.
Meanwhile, in September, we reactivated Amut North America: here we can already rely on a wide customer base, to which we want to ensure a stronger technical support, with an eye to starting up a manufacturing operation there as well. We are strongly committed to waste sorting and treatment, an issue which has now become very popular in both America and worldwide". These strategic choices will result in a number of benefits, including enhanced technical support service and lower costs for converters.
"Finally, I have a little dream", Drappo concludes. "Sometimes, foreign technology is based on products made in Asia, while we are proud to export our all-Italian brand along with the relative know-how, technology and manufacturing processes. It would be wonderful if we could beat our competitors thanks to this guarantee for quality".