Danieli buys Innoval
Italian plant and equipment supplier Danieli has bought UK technical consulting group Innoval Technology.
Danieli will integrate Innoval into its Danieli Aluminium Strip Division group which will also include Danieli Fröhling and Danieli Wean United.
Innoval Technology will continue to operate from its offices in Banbury, UK, with the same team and the same customer focus.
Existing clients will find that it is very much ‘business as usual’ with the company providing the same confidential, independent service and impartial advice as it always has done.
The philosophy of all companies within the Danieli Group is to invest in product development. Therefore, Innoval Technology’s service offering is set to increase and, with the support of the Group’s global network, its expansion into new markets
The integration of Innoval into Danieli follows five years of cooperation between the two companies in designing and marketing the Danieli Fröhling Diamond Mill.
In the last two years alone, the team has achieved many orders, including a universal Diamond Foil Mill for Nikkei Siam in Thailand, a 6-high Diamond Strip Mill for Aleris Europe in Belgium, and the world’s widest aluminium 6-high Diamond Mill for Kumz in Russia.