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  September 5, 2001
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Home > Company Index > Manufacturing > Food Service Equipment > Sasib S.p.A.

Sasib S.p.A.
OTC: SASBF
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 PROFILE
Sasib is going, going O. The company shed its railway and tobacco operations in the late 1990s to focus on making food and beverage machinery and systems. In 2001, Sasib sold to packaging equipment maker SIG Holding its wet-products division (which produces high- and medium-speed bottling machines, processing lines for fruits and tomatoes, seamers, and labeling machines). The company is in the process of selling its remaining dry-products division (which makes biscuit-, bread-, and pasta-processing machines). CIR S.p.A. (Compagnie Industriali Riunite), a holding company owned by financier Carlo De Benedetti, owns Sasib.

 COMPETITION
Alcoa Inc. (AA)
Menasha Corporation (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 537.20
1-Yr. Sales Growth: (10.2)%
Employees: 3,118
Revenue per employee: $172,289.93

 KEY PEOPLE
• Vittorio Colombo
    CEO

 CONTACT INFO
Via la Spezia, 241/A
43040 Parma, Italy
Phone: 39-0521-999-1
Fax: 39-0521-959-009
Online: Web Site

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