Xaloy acquires plasticizing component supplier Maxi Melt
Xaloy, a manufacturer of polymer processing solutions, has acquired Maxi Melt, an Italy-based supplier of plasticizing components for extrusion and injection molding.
“Maxi Melt has developed a strong presence in Europe through its customer focus and application expertise,” said Kamal Tiwari, CEO of Xaloy. “This combination allows us to broaden our capabilities and better support customers with a more complete range of solutions.”
“This is an important step for Maxi Melt,” said Renzo Cavazza, managing director of Maxi Melt. “Xaloy brings scale, technical resources, and manufacturing capability that will enhance what we are able to offer. We will continue to operate with the same focus on our customers while expanding our capabilities.”
Maxi Melt will continue to operate under its existing brand, maintaining its team, customer relationships and operating approach. The combined organization will leverage its complementary strengths to expand capabilities and support long-term growth.
Xaloy, based in Austintown, Ohio, sells high-performance screws and barrels for extrusion and injection molding machines globally.