VDL Groep has acquired the Italian company Olocco, the manufacturer of rotary valves and industrial diverting valves, located in Fossano (about 75 km south of Turin), With this acquisition, VDL expects to further strengthen its production and sales activities in the Foodtech domain, one of the ‘five worlds of VDL’.

Since the early 1990s, VDL Industrial Products from Eindhoven - one of VDL’s operating companies - has been the exclusive representative of Olocco in the Benelux. Since that time, Olocco has been selling the products of VDL Industrial Products in its home country. Italy.

Like Olocco, VDL Industrial Products produces components for industrial installations for the handling and storage of dry materials (powders and granulates), such as rotary valves. These valves dose dry materials from a storage system - such as a silo - to a transport or other system or into a machine. Diverting valves are, for example, built-in a pneumatic conveying or suction transport system through which dry materials are guided in a controlled manner to various machines or parts of industrial systems.

Olocco is a market leader in Italy with these products and has a strong market position in Europe, Asia, South America and the Middle East, among others.

VDL Industrial Products in turn has a strong position in Europe, the US and Canada. Olocco was incorporated by Mario Olocco in 1950. In 2010, his son Umberto and daughter Andreana took over their father’s shares. Since then, Umberto has been managing director of the company which now has 25 employees and had a turnover of some €8 million in 2021. Umberto Olocco remains managing director of the company that will be renamed VDL Olocco and has become the 107th operating company of VDL Groep. Andreana Olocco will also remain active in the company.

President & CEO of VDL Groep Willem van der Leegte states: ‘One of our ambitions is to further strengthen our position in the food-processing industry (Foodtech). With Olocco, we add specialist knowledge and skills and high-quality machinery to our activities in this sector. The synergy benefits between VDL Industrial Products and Olocco will lead to a broader and more complete package of products for our customers worldwide.’

Diversity Managing director Umberto Olocco of Olocco: ‘We have maintained a fruitful and pleasant partnership with VDL Groep for 30 years. It’s great that VDL understands the ethics and dynamics of a family company like no other, as well as the needs of the next generation of a family company. The diversity of sectors in which the various VDL companies are active will also offer many opportunities for our activities. We look forward to further shaping the partnership.’
www.olocco.eu
www.vdlgroep.com
 

The Olocco building in Fossano, Italy, with (from left to right): Carlos Ooijen (Managing Director of VDL Industrial Products), Andreana Olocco (Head of Administration Olocco), Umberto Olocco (Managing Director of Olocco), Willem van der Leegte (President & CEO of VDL Groep) and Rémi Henkemans (Senior Vice President of VDL Groep).
 

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