This collaboration will bring value for both brands: Essetre will have access to Weinig sales and service network. Weinig will strengthen his market position.

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Weinig acquires 50% shares in Essetre

Weinig acquires 50% shares in Essetre

Bild: Weinig and Essetre

Essetre s.r.l. and Michael Weinig AG have formalized the strategic alliance, already presented during Ligna Fair 2023. With the acquisition of 50% of Essetre's shares by Weinig, the two companies will continue to develop strategically together as equal partners. 

Weinig and Essetre are very close in terms of innovation and technology. This collaboration will bring value for both brands: Essetre will have access to Weinig sales and service network. Weinig will strengthen his market position.

"With this partnership and access to the product portfolio of Essetre, we are further strengthening our market position and can now offer our customers the entire process chain, from the sawmill to timber construction, completely from a single source," says Gregor Baumbusch (CEO Weinig) Essetre will continue to be managed by the Sella family.

Essetre is specialized in the furniture and timber construction industry. Founded in 1979 by Giovanni Sella, the family business is based in Thiene, province of Vicenza in Italy. Essetre is a renowned specialist for wood machining centres, and above all for innovative solutions characterized by highest possible efficiency and perfection.

Weinig was founded in 1905 by Michael Weinig as a trading and manufacturing company. Since 1947, Weinig has specialized in the development and production of woodworking machinery and equipment for the solid wood processing industry and workshop businesses.