Milan, 11th of November 2019

OCMI OTG S.p.A. announces today the successful completion of the acquisition of KYP Accesorios a Spanish company active in the field of automatic production lines for ampoules.

This acquisition marks a significant milestone in both companies’ growth strategy. By joining forces both OCMI OTG and KYP wish to deliver to their customers a wider range of products, a better service and a constant investment in R&D.

“This acquisition expands OCMI OTG’s portfolio of successful businesses and mark another OCMI investment in the pharma packaging field. KYP is an excellent company with a remarkable story of innovation and dedication to the customers” – Michele Gusti Chairman of OCMI OTG S.p.A, affirmed – “Through this operation OCMI OTG reinforce and consolidate its market share in the ampoule making machines sector, widen its current range of products and increase its production capacity adding a great team strengthens its manufacturing footprint adding more technological capabilities”.

“We are proud to become a part of this international and customer-oriented group like OCMI OTG”

Mr. Raul Paz, KYP Accesorios’s owner commented: “With this deal KYP add another step on its path to continuous growth and innovation and broadens its future horizons. It is a project I strongly believe in, and I am honored to join OCMI Global management Team”

Machinery for the production of tubular glassware for the pharmaceutical industry as confirmed by the great number of machines installed worldwide.
The core business of the OTG division is the manufacturing of custom gears and gear units for industrial application, high speed, step-up, railway, single or multi-stage gears unit and test bench.