Toscotec has announced the acquisition of the brand and intellectual property of Recard, a long-established company specializing in the production of tissue paper machinery.
July 08, 2025
Toscotec, a leading manufacturer of paper machinery, has announced the acquisition of the brand and intellectual property of Recard, a long-established company specializing in the production of tissue paper machinery. The acquisition includes the know-how, technical drawings, and any other intangible assets.
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This strategic acquisition marks a significant step for Toscotec, strengthening its market position and expanding its product and services portfolio, thereby further consolidating its leadership in innovation, quality, and customer-centric strategies.
Talking about the acquisition, Alessandro Mennucci, Toscotec’s Chief Executive Officer, said, “We are enthusiastic about this acquisition, which will enable us to further support our current and future clients and provide the necessary customer care. He added, ‘‘Through this acquisition, we will be able to provide qualified support to all customers who have previously invested in Recard solutions, guaranteeing operational continuity and a high-level service. The acquired resources, coupled with our know-how and production capacity, present a compelling opportunity to generate value for our customers and the whole industry.”
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Following the acquisition, Toscotec is the sole and legitimate owner of all rights related to the brand Recard and its intellectual property, including – but not limited to – the patents, designs, models, trademarks and know-how developed by Recard. Toscotec also reserves the right to initiate all civil, criminal, and administrative proceedings necessary to protect its rights.
