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New owners highlight the possible at OMV

From left: OMV co-owners Brooke Maltun, president; Mark Strachan, CEO; and Matthew Banach, vice president of sales and marketing

Florida-based MalStra LLC acquired OMV Technologies in in November 2021. Since then, OMV’s headquarters moved to Florida, and manufacturing recently moved into a new facility in Verona.

Düsseldorf, Germany — Under new direction and after a lot of changes in the past year, OMV Technologies Inc. was at K 2022 to remind customers that it is tackling things in a new way. “We want to let people know that innovation is a big focus for us, servicing our customers is a huge focus for us, as well as sustainability,” President Brooke Maltun said.

Royal Palm Beach, Fla.-based MalStra LLC acquired the Verona, Italy-based thermoforming and extrusion machinery company in November 2021. The new owners are packaging industry veterans Maltun and Mark Strachan. Since then, OMV’s headquarters moved to Florida, and manufacturing recently moved into a new facility in Verona.

OMV produces turnkey systems for thermoforming and extrusion, and at K 2022 officials discussed how they are helping customers incorporate post-consumer materials into their products.

In order to be as sustainable as possible, OMV is also working on helping to minimize part weight and scrap. “We design parts for sustainability. What that means is most people want to use as little plastic as possible in a product to be functional,” said CEO Strachan.

OMV has been working with multinational brand owners to help develop monomaterial packaging that can replace multilayer structures.

New owners highlight the possible at OMV pictureKnown for cup production, OMV machines make drinking cups, containers, small and large cups, and almost anything that has to do with food production.

“We have some of the fastest machines in the market,” said Matthew Banach, vice president of sales and marketing. “We got a little bit quiet five years ago due to the previous ownership of OMV. And what’s been very exciting for us is this is the first time in 10 years that OMV has been on its own.”

MalStra bought the company from Switzerland-based Wifag-Polytype Holding AG.

OMV has about 30 employees in Italy and four in the United States. Training has become a major focus, both internally and with customers. “We’re going to start ramping up with training classes and seminars,” Strachan said.

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