Polytec acquires majority stake in Green Project

Italian industrial technology company Polytec has acquired a 51pct stake in Green Project Marking & Reading Systems, strengthening its offering of automation, identification and traceability solutions for the steel and metals industry.

Green Project, based in Genoa, develops systems for marking, identifying and tracking steel products across production plants. The company has more than 30 years of experience and over 800 machines installed worldwide, serving major steel producers internationally.

Polytec specializes in industrial robotics, process automation, machine vision and plant digitalization. The acquisition will combine these capabilities with Green Project’s expertise in steel marking, identification and traceability systems.