Glaston Mexico acquisition finalised
Bavelloni has finalised the acquisition of all shares in Glaston Mexico.
Glaston Mexico, which will become Bavelloni Mexico, is based in Guadalajara (Mexico) specialising in the sales and service of Bavelloni products and in the sales of Glaston HT machines.
The company has been operating for more than 25 years, installing more than 1,000 machines in Mexico and other central American countries.
The purchase of the Mexican subsidiary represents a milestone in Bavelloni’s strategic plan, the company said, as it will allow the direct management of both commercial and after-sales activities in a “very important area of the world”.
Bavelloni Mexico will continue to be managed by Matteo Gherseni who successfully ran the subsidiary over the last ten years.
An agency contract was also finalised enabling Bavelloni Mexico to continue promoting Glaston HT products in Mexico and central America as the official agent for the Finnish brand.
The collaboration between Glaston and Bavelloni will also continue unchanged in Italy, where Bavelloni is Glaston’sofficial agent, as well as in Brazil and Singapore where Glaston operates as Bavelloniofficial distributor.