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Uteco and ENCA Sign a Binding Equity Agreement!

 

Uteco announces the signing of a binding equity agreement with ENCA, a well-established Italian company recognized for its expertise in designing and producing bag making machineries for plastic bags and pouches. With a strong focus on technological development and global expansion, ENCA is committed to meeting the new challenges shaping the future of the converting industry.

 

With this agreement, ENCA becomes the sixth company to join the Flex-Converting Alliance (FlexCA), a network of Italian excellences that already includes Bimec, CMG-MAM, Smartjet, Uteco, and Vision. ENCA’s entry marks a significant milestone in the development of FlexCA, enhancing the Alliance’s ability to deliver fully integrated and comprehensive converting solutions.

 

The collaboration between Uteco and ENCA brings immediate benefits:

  • Commercial synergies, capitalizing on both companies’ direct sales teams and broad distribution networks.
  • Operational synergies, optimizing technical support through a shared service infrastructure to provide customers with an even higher level of assistance.
  • Marketing synergies, reinforcing the Alliance’s brand visibility and market cohesion, reaching broader audiences with a unified presence.

 

This agreement reinforces the shared ambition of Uteco and ENCA to lead innovation in the converting industry. Together, we are laying the groundwork for a successful future for FlexCA, built on collaboration, excellence, and shared values.

enca equity egreement