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Toscotec successfully acquires Recard’s brand and know-how

Toscotec successfully acquires Recard’s brand and know-how
Toscotec’s headquarters in Lucca, Italy.

Toscotec, a leading manufacturer of machinery for the paper industry, announces the acquisition of the brand and intellectual property of the company formerly known as Recard, a long-standing player specialised in the design and manufacturing of tissue paper machinery. The acquisition includes know-how, technical drawings, and all other intangible assets.

This strategic move represents a significant milestone for Toscotec, further strengthening its position in the global tissue market and expanding its technological offering and service capabilities. It reinforces Toscotec’s leadership in innovation, quality, and customer-oriented solutions.

“We are enthusiastic about this acquisition, which will enable us to further support our current and future clients and provide the necessary customer care,” says Alessandro Mennucci, Chief Executive Officer of Toscotec. “Through this transaction, we will offer dedicated support to all customers who previously invested in Recard’s technology, ensuring operational continuity and high-level service. The acquired resources, combined with Toscotec’s expertise and production capacity, create a powerful opportunity to generate value for our customers and the entire industry.”

With this acquisition, Toscotec becomes the sole and legitimate owner of all rights related to the Recard brand and its intellectual property, including – but not limited to – patents, technical designs, models, trademarks, and know-how developed by Recard over the years.

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