Universal Dynamics Sold

Last month, Mann+Hummel in Germany sold its subsidiary, Universal Dynamics Inc., Woodbridge, Va., to Piovan S.p.A. of Santa Maria di Sala (Venice), Italy. Piovan, which has an office in Mississauga, Ont., supplies hopper loaders, dryers, blenders, feeders, granulators, chillers, mold-temperature controllers, and mold dehumidifiers. Universal Dynamics and its affiliates offer a similar range of equipment.