Acquisitions

      In October 2023, the Metal Forming Division made a forward-looking investment in the field of storage systems. The division has already been a supplier of innovative racking and storage systems for decades. With the acquisition of Torri S.P.A. from Vicenza, Italy, by voestalpine subsidiary Nedcon B.V., headquartered in Doetinchem, Netherlands, the Metal Forming Division was able to expand its position in this demanding segment.

      Torri S.P.A. has been developing, producing and assembling high-quality racking systems and storage platforms for a wide variety of industrial requirements for over 50 years. The product portfolio comprises both manual and automatic storage systems, including customized solutions for individual customer requirements. The acquisition ideally complements the existing product and service offering of the Nedcon Group. The acquisition enables the Metal Forming Division not only to consistently pursue its strategy of complex storage systems from development to assembly, but also to better serve the Southern European market.