Curt G. Joa, Inc., a machine manufacturing company based in Sheboygan Falls, has signed a definitive agreement to acquire Cellulose Converting Solutions, SpA, one of Italy’s major machine manufacturers.
The transaction is expected to close in fall 2025, subject to customary regulatory approvals and closing conditions.
“This acquisition is a significant moment for us,” says Rick Michaeletz, president of Curt G. Joa. “We’re merging two family-owned businesses with incredibly compatible cultures. CCS is positioned in the Pescara area of Italy, in an ecosystem rich in talent and resources, which is a huge asset. What’s truly exciting is the immediate and fully complementary machine offering this creates – JOA’s high-speed capabilities coupled with CCS’s mid-speed expertise provides our customers exactly what they need. Geographically, we’re equally complementary, ensuring we can provide exceptional global service and drive a broader use and integration of our intellectual property.”
Joa also has a Mayen, German operation acquired from Bikoma in 2015.
