Wuppertal-based MIB Industriebeteiligungen GmbH & Co. KG has signed a contract for the acquisition of 100% of the shares in the Paletti Group head-quartered in Minden including all operational real estate, as part of a succession plan. The Paletti Group is an international manufacturer of profile systems, precision and measuring equipment made of aluminium profiles.
Due to the wide range of further processing options provided by a modern CNC machinery and excellent manufacturing quality, there is a high demand from the automotive industry, the mechanical engineering sector, logistic compa-nies and the automation technology sector. In addition to two locations in Germany, the Paletti Group consists of two independently operating subsidiaries. MIB will accompany the management of the Paletti companies in their further grow and their future strategic orientation.