Company take-over in Northern Italy

Progress acquires Vida

The effects of the financial crisis are already being felt to a lesser or greater degree throughout the world. Conditions in the construction industry in particular are very difficult to say the least. For many companies the present economic turmoil will challenge their very survival. The downturn also offers well-placed companies the chance to strengthen their market position and gain a significant advantage over the competition. At Progress they realized early on that an expansion of international activities and an enlargement of range are the essential keys to success. This was the motivation for the acquisition of the renowned Italian company Vida.

The long-established mechanical engineering company Vida is now member of the Progress-Group. In May 2008 as the Vida takeover was finalized with the signing of contracts, behind the scenes preparations were in full swing: The company head office and production facility were transferred to Brixen and to accommodate the new additions to the range of machinery the Progress production facility was extended from 7.000 to over 9.000 m². The extension work was completed in the autumn of last year and the copious supplementary factory floor space created includes a demonstration area in which the...

Related articles:

Issue 2013-11 EVG

New wire mesh production plant

The ATT welding machine with integrated RA-XE straightening plant processes standard and special reinforcing mesh directly from the ring/coil. The combination of the two technologies makes it possible...

Issue 2016-04 Progress Maschinen & Automation

Engineering, Production and Software

Progress Maschinen & Automation stands for innovation, quality and reliability. It is a full-range supplier realizing turnkey solutions for rebar shops, mesh manufacturers and precast concrete plants....

Issue 2016-07 MBK

Innovative welding machines

Modern manufacturing proc-esses call for innovative machinery, which are able to operate in a highly efficient and very reliable manner, in order to meet the high standards of economic operation....

Issue 2016-04 MBK

Innovative reinforcement solutions from MBK

The mechanical engineering company MBK Maschinenbau GmbH, based in the German city of Kisslegg, has developed since its founding in 1961 into one of the leading manufacturers of welding machines and...

Issue 2020-03 PROGRESS GROUP

Sansiri integrates mesh welding machine into carrousel plant

Sansiri Public Co., Ltd, Thailand, took a step towards further automation of the carrousel plant by integrating a BlueMesh M-System mesh welding machine of Progress Maschinen & Automation AG, a...