In April 2014, a technological and commercial agreement was signed between PMT Italia and China Paper Machinery Co. (SinoCPMC).
The level of excellence of PMT’s technology and capabilities has then recently been the reason for SinoCPMC to consolidate this partnership entering as PMT’s stockholder at the same time with PMT’s Capital Increase.
With the new partnership and the Capital Increase, PMT will be able to reinforce its presence on the global paper machinery market. Additionally, the new Group will now take mutual advantage of the shared experience, technical skills, production facilities and commercial network in order to expand its business.