Joint venture between Giordano Poultry Plast and Sanovo Technology Group
After several months of active contacts, the Giordano family accepted the request received from the Danish industrial group SANOVO TECHNOLOGY GROUP, world leader in the industrial technologies sector linked to eggs and egg-products, to enter with a minority share in the capital of Giordano Poultry Plast S.p.A. (www.poultryplast.com)
The JV motivation stems from the awareness of the relevance of Giordano Poultry Plast production in many specific areas of activity in the poultry breeding sector and in the handling equipment for hatching and consumption eggs. Sector, the latter, of strategic interest for SANOVO TECHNOLOGY GROUP.
Both groups expect from a closer relationship between them the emergence of new and numerous opportunities for further development for both, with the immediate possibility of reaching new world trade areas through the structures and the people of SANOVO TECHNOLOGY GROUP, in addition to the concrete possibility to identify and put into production new products and technological solutions to give cutting-edge answers in the different sectors of the poultry and agro-industrial world.
Therefore, during the present week a strategic part of the share capital of Giordano Poultry Plast S.p.A. was transferred to a dedicated company belonging to the Danish group.
Mr. Oscar Giordano CEO of Giordano Poultry Plast said: “We are particularly satisfied for the realization of this partnership with such a representative group as SANOVO TECHNOLOGY GROUP. It is a clear recognition of the leadership assumed by our products on the global market.”
“As SANOVO TECHNOLOGY GROUP, we pursue excellence in each sector of our chain of machinery and products for the food industry. The collaboration with Giordano opens new and significant opportunities in strategic sectors such as product logistics and in many other fields of poultry production” said Michael Strange Midskov, CEO of SANOVO TECHNOLOGY GROUP.
Nothing will be modified in the management and daily operation of Giordano Poultry Plast, which remains totally entrusted to the members of the Italian family Giordano.