Curt G. Joa, Inc. (JOA), a global machine manufacturing company, has signed a definitive agreement to acquire Cellulose Converting Solutions, SpA (CCS), one of Italy’s major machine manufacturers. The transaction will mark a significant milestone in JOA’s strategy to strengthen its presence in Europe and expand its global footprint with a more complete machine offering to better serve customers in that region and globally.  The transaction is expected to close in the Fall of 2025, subject to customary regulatory approvals and closing conditions.

 

Rick Michaletz, President of JOA said:

“This acquisition is a significant moment for us. We’re merging two family-owned businesses with incredibly compatible cultures. CCS is positioned in the Pescara area of Italy, in an ecosystem rich in talent and resources, which is a huge asset. What’s truly exciting is the immediate and fully complementary machine offering this creates – JOA’s high-speed capabilities coupled with CCS’s mid-speed expertise provides our customers exactly what they need. Geographically, we’re equally complementary, ensuring we can provide exceptional global service and drive a broader use and integration of our intellectual property.”

 

Fabio Quadrio, President and CEO of CCS shared this:

“Becoming part of the JOA “family” is, for me, the fulfillment of a dream I’ve carried in my heart for a long time. From the very beginning, I felt a deep connection — the same values, the same spirit, the same passion that have always driven our work. With JOA, I’ve found a home that truly shares our culture: tireless dedication, genuine respect for people, attention to every detail, and — above all — a real focus on customers, who have always been, and will always be, at the center of everything we do. We’re united by a shared vision for the future and a strong drive to innovate — to push boundaries, to create solutions that don’t just meet market needs but anticipate them with intelligence and care. Knowing that we can continue this journey with a partner who speaks the same language — one of passion, integrity, and vision — fills me with pride and deep emotion. Looking ahead, I couldn’t be more excited about what we’ll build together.”