The AND&OR Group Acquires ICEBEL in Portugal, Strengthening Its Manufacturing Presence in the Iberian Peninsula and Becoming the International Leader in Its Segments.
Palomares del Río, March 25, 2024
The prominent industrial automation company, AND&OR, headquartered in Palomares del Río, enthusiastically announces the acquisition of ICEBEL, a leading Portuguese company specializing in machinery and technologies for the Glass Industry. This operation reflects the continued growth and expansion of the AND&OR Group in the market, further solidifying its position as a leader in automation solutions for the industry.
The acquisition of ICEBEL represents a key strategic step for the AND&OR Group, as it combines its expertise in handling plastic packaging (PET, HDPE) with ICEBEL’s analogous experience in glass packaging. This complements the product and service portfolio of the AND&OR Group, allowing both companies to leverage synergies and collaborate in creating comprehensive solutions for the industry.
Both companies share a common vision of innovation, excellence, and customer service, fundamental values that will guide the integration of ICEBEL into the AND&OR family.
This integration will enable the Group to offer an even wider range of solutions, increasing its manufacturing capacity to address the growing demands of the market and provide greater value to its customers.
“We are delighted to welcome ICEBEL to the AND&OR family. This acquisition reflects our ongoing commitment to excellence and innovation in the field of industrial automation,” said Antonio Ortega Suarez, CEO of AND&OR. “Together, we are better positioned to provide comprehensive and advanced solutions to our customers across Europe, strengthening our position as industry leaders.”
Alfonso Cardeira, Managing Director of ICEBEL, stated, “This integration into the AND&OR Group is a great opportunity to drive the company’s growth and progression. We are focused on ensuring that our relationship with all stakeholders is strengthened with this acquisition.”
Both companies will work together to ensure a smooth transition that benefits both employees and customers. It is expected that this acquisition will strengthen the Group’s international presence.
With the acquisition of ICEBEL, the AND&OR Group is ready to face the challenges and opportunities of the future, consolidating its position as a prominent player in industrial automation and reaffirming its commitment to excellence and customer satisfaction.
About ICEBEL:
ICEBEL is a Portuguese company headquartered with a factory in Marinha Grande. Founded in 1986 and specializing in machinery and technologies for the Glass Industry. Lines of container transportation, palletizing systems, and pallet transportation stand out among its products. With a solid reputation for its customer-focused approach, quality, and innovation, ICEBEL has positioned itself as a reference in the international market in its segment, having partnerships with major glass packaging manufacturers.
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