Italian steel and engineering company Danieli & C Officine Meccaniche S.p.A. has taken over Riverside Products Inc. with a share buyout, including Riverside's Bettendorf plant and satellite operations in the United Kingdom and China.|
The name will be Danieli RiversideProducts.
Danieli is one of the world's largest privately controlled integrated engineering and manufacturing groups.
Riverside Products has been an active supplier of highly engineered rotors and wear parts to the worldwide metals recycling industry for more than 50 years, said Emanuele Brusini, executive vice president of Danieli. "The reputation for engineering excellence held by Riverside Products was a key driver behind this acquisition."
For more information, visit www.riversideproducts.com.
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