GERMANY - Essetre s.r.l. and Michael Weinig AG (Weinig) have formalized the strategic alliance, already presented during Ligna Fair 2023.

With the acquisition of 50% of Essetre's shares by Weinig, the two companies will continue to develop strategically together as equal partners. Together Essetre and Weinig are ready to face the challenges of the international markets with an extraordinary prospect of development in terms of production and sales capacity.

Weinig and Essetre are very close in terms of innovation and technology. This collaboration will bring value for both brands: Essetre will have access to Weinig sales and service network. Weinig will strengthen his market position. "With this partnership and access to the product portfolio of Essetre, we are further strengthening our market position and can now offer our customers the entire process chain, from the sawmill to timber construction, completely from a single source," says Gregor Baumbusch (CEO Weinig) Essetre will continue to be managed by the Sella family. Giovanni Sella, founder of Essetre: "We would not have made such a collaboration with any other partner. Weinig and Essetre represent the top technologies in the market. We both have huge ambitions by combining our respective excellences. We trust it will be a strong and lasting growth."