Primultini s.r.l.

Primultini from Marano Vicentino, a renowned company with a rich catalog of sawmill solutions, has acquired the Bongioanni brand, a business in the same industry, part of Pezzolato spa since 2001. With the acquisition of the Bongioanni brand, the production of the machines of this well-known Piedmontese company has been moved from Pianfei (Cuneo) to Marano Vicentino (Vicenza). We agreed on all terms with Riccardo Pezzolato and we could find the best match between the respective interest of our companies: Primultini has acquired Bongioanni`s `intellectual property`, including brand, technical and sales information, customer portfolio, drawings and designs, while Pezzolato spa, whose revenues increased by approximately 20 percent in 2014, will be able to focus on their future core business, namely the supply of equipment and technology for energy generation from alternative sources, having secured the ongoing presence of a big brand in the most important sawmills around the world.