Footwear manufacturing technology providers Atom and Cerim have merged to form a new company, Avantium. They are equal partners in the new venture.

They said that establishing a new company in which the technology offerings from both Italian machinery providers will join together would allow them to have a stronger presence in the international market and optimise customer service, while keeping the workforce of both constituent companies in place.

Cerim and Atom have invested jointly in the new operation without resorting to external finance, and have agreed a plan for the future. They said they were uniting to grow.

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