Sapa Completes Acquisition of Megatech Industries
Sapa, the Italian One-Shot ® Company, completes acquisition of European firm Megatech Industries Aktiengesellschaft as part of its expansion. Started as a family business founded in 1974 by Mr. Angelo Affinita, Sapa has increasingly grown thanks to the worldwide patented The One-Shot ® Method, the fastest all-in-one process for the manufacturing of added value and lighter mobility components. The Italian company who patented the One-Shot ® method to deliver industry leading products into the mobility sector, is pleased to announce an important strategic step forward with the acquisition of 100 % of Megatech Industries Aktiengesellschaft(“ Megatech”), an European player active in the plastic injection moulding business for the mobility industry. The acquisition reinforces Sapa market leadership, creating the opportunity to combine the companies’ strengths and scale the One-Shot ® technology to a broader footprint and reach. Sapa achieved a turnover of close to 360 million euros for the year ended December 2024 and employees over 2,000 people across 7 countries. The new Sapa Group will now approach 700 million euros in revenue, continuing to execute on expanding its international footprint and customer base. With Megatech, Sapa further consolidates the established longstanding relationships with major OEMs such as Volkswagen Group, BMW Group and Stellantis, among others, in parallel to a continued execution on a diversification strategy( customers / product / geographies) which remains the core DNA of Sapa future evolution. This will allow the new Group to further reduce the concentration and volatility’ s risks( typical of automotive industry) and to expand its global footprint, entering in new geographies and reaching economy of scale. In fact, the combination with Megatech is expected to generate synergies, given the complementarity of the relevant technologies, creating a potential true European leader into the plastic injection moulding business for the mobility industry. This transaction represents a significant milestone for Sapa in its commitment to providing innovative and sustainable solutions for the mobility industry( passenger and luxury cars, light and heavy trucks and industrial) through its proprietary One-Shot ® process. This process, unique in its kind, allows the production of plastic components and solutions in a single step, improving efficiency, sustainability and quality for all engine technologies( EV, Hydrogen, ICE), since plastic and polymers are suitable for all the above mentioned ones. Sapa places a strong emphasis on R & D and continually invests in sustainable technologies and natural and recycled
GreenPlast 2025: the Sustainable Future of Plastics
GreenPlast 2025 is set to be the key event of the year for those focused on the sustainable future of plastics. From 27 to 30 May 2025, Milan will host an unmissable exhibition-conference, offering a unique opportunity to explore cutting-edge technologies, engage with international experts, and delve into the trends reshaping the industry. Plants, materials, and processing technologies will take centre stage, providing participants with a comprehensive and inspiring view of plastics sustainability. Despite current global challenges, GreenPlast 2025 is solidifying its role as a benchmark for the sustainable plastics industry. Registration numbers and sold exhibition space are on par with the 2022 edition, which benefitted from a more favourable economic context and a strong desire for post-Covid normality in trade fairs. To date, over 100 exhibitors have signed up, and the net exhibition area has reached 4,000 square metres. This demonstrates the sector’ s sustained interest and support. Promaplast, the event’ s organising company, is pleased with the extraordinary efforts of its commercial team, which has successfully implemented a multichannel strategy. By participating in trade fairs and industry conferences both in Italy and abroad, and combining traditional methods with innovative approaches, the team has ensured significant visibility. Mario Maggiani, CEO of Promaplast, stated:“ We are proud to see GreenPlast 2025 consolidate its position as a reference event for the sustainable plastics industry. This milestone is the result of relentless commitment and the ability to anticipate the needs of a constantly evolving market.” www. plastmagazine. it