COLINES is proud to announce the acquisition of NO.EL, the world renowned company which since 1983 has been a leader in engineering and production of machines for the pre-stretched film production, coreless technology and machines dedicated to reels slitting.
NO.EL is a highly technology-oriented company. As a matter of fact, over 50% of the company staff is involved in research and development activities. On this backdrop, the company will be co-exhibitor of COLINES spa at the upcoming K-Show in Dusseldorf (October 19th-26th, Hall 16 – Booth A39).
“This is a new and prestigious milestone for our group – said Eraldo Peccetti, Executive President of Gruppo COLINES Holding – and at the same time a new beginning both for us and NO.EL . We are extremely glad about this acquisition and we are confident that the cooperation between the different members of our group, such as COLINES, ELAV and NO.EL can make the difference in the process of developing new and innovative solutions for an ever-evolving market”.
“This is definitely a new beginning for us – said Roberto Pellengo, Technical Manager of NO.EL, and Roberto Colombo, Global Sales Manager of NO.EL –. We are sure that being part of such a prestigious and world-renowned group, such as Gruppo COLINES Holding, we will have the chance to keep our growth-path and strengthen our global presence. Our activity can be considered complementary to those carried-out by the other companies of the group and this will also give us the chance to mutually help each-other’s growth”.