Cannon Afros expands low-pressure elastomers solutions offering with acquisition of Polytec EMC Engineering

Cannon Group announces today the acquisition of Polytec EMC Engineering, based in Marchtrenk, Austria, from PUR Holding, as part of its strategic strengthening of Cannon Afros in the PUR-based elastomer business.

 

 

 

 

“In line with our growth strategy and to strengthen our leadership position in the PU industry, we needed to reinforce our offering in the elastomer machinery market,” said Marco Volpato, President of Cannon Group. “Acquiring a top player in the industry with a technology that complements our own was the best choice to achieve that goal.” All current employees of Polytec EMC Engineering will transfer to Cannon Group. “At Cannon, we are proud of our absolute respect for people. This key value will be the basis for the relationship with the newly acquired company,” concluded Marco Volpato.

 

 

The Polytec EMC Engineering business, under the name Cannon Polytec EMC, will remain technically independent at the site in Marchtrenk, leveraging the expertise and resource availability of Cannon Afros’ R&D. The two departments will collaborate closely and in synergy, exchanging knowledge and developing new ideas jointly. In addition, Polytec EMC Engineering’s customers will benefit from having access to Cannon Afros’ global technical support.