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Diatec leaves Körber PaperLink Group

01-10-2007 04:09 PM CET | Industry, Real Estate & Construction

Press release from: Körber PaperLink

Hamburg / Pescara, January 9, 2007 - Diatec, manufacturer of machinery for the absorbent hygiene industry based in Pescara, Italy, is no longer part of the Körber PaperLink Group. Following a management buyout, effective January 1, 2007, the executives of Diatec, Mr. Luigi Mancini and Mr. Letterio Villari have acquired the business and will operate it as an independent company. Diatec has 24 employees. In 2006 sales amounted to EUR 5 million. The employees will be taken over.

"Other technologies in the hygiene segment of the Körber PaperLink companies are not affected by this change", says Martin Weickenmeier, CEO of the Hamburg based and globally acting Körber PaperLink Holding. "We wish Diatec success and all the best for the future."

"Diatec customers will benefit from a continuity in terms of technology and know-how and be able to rely on the same level of customer service they have experienced in the past", adds Luigi Mancini, CEO of Diatec. "We are convinced of the existence of favourable business opportunities for Diatec in the hygiene market."

Körber PaperLink - Specialist for Machinery and Services for the Paper, Tissue and Absorbent Hygiene Industry.

Körber PaperLink (KPL) located in Hamburg, Germany, is a member of the international Körber Group. As a holding, KPL brings together a group of internationally operating companies specialized in the manufacture of machinery for the paper, tissue and absorbent hygiene industries. Each of these companies and brands - E.C.H. Will, SHM, Kugler-Womako, Pemco, Wrapmatic, Fabio Perini, Perini Engraving, Green Bay Engineering, KPL Packaging, Casmatic, Körber Engineering Shanghai and Winkler+Dünnebier - has a specific core expertise. The KPL portfolio covers production lines for cut-size and folio-size papers, stationery items, envelopes and pockets and security documents as well as tissue and hygiene products. The range also comprises packaging lines for cut-size, folio-size reams and tissue products as well as palletizing solutions. Through the synergies deriving from the expertise that each company contributes to the group, Körber PaperLink is able to offer its customers comprehensive system solutions from a single source.
Körber PaperLink is active with marketing, sales and service offices in Europe, North America, South America and Asia.

Contact:
Körber PaperLink GmbH
Mirjam Melanie Müller
Corporate Communications
Nagelsweg 33-35
20097 Hamburg
Germany
Tel.: +49 (40) 2 11 07-503
Fax: +49 (40) 2 11 07-10503
mirjam.melanie.mueller@kpl.net

Csion Communications
Thomas Glörfeld
Louisenstrasse 121
61348 Bad Homburg v.d.H.
Germany
Tel.: +49 (6172) 92 41-22
Fax: +49 (6172) 92 41-11
thomas.gloerfeld@csion.de



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