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| The Tonutti Group Purchases Wolagri 1 June 2007  A very significant new entry for the Tonutti Group of
Remanzacco (Udine, Italy).April 30th 2007 marked Tonutti's acquisition of Wolagri S.r.l. in Suzzara (Mantova, Italy), manufacturer of hay making and hay handling machinery (balers, bale wrappers and bale shredders). With this important acquisition, the Tonutti Group confirms itself as a World leader with a complete product range of hay tools. This acquisition will benefit the Tonutti Group with all new synergies that involve both product and sales networks. "The challenges of the forthcoming years will involve two key elements: size of the company and product range. Our goals have always been to grow and to improve", says Carlo Tonutti, President of the Tonutti Group and Vice President of Unacoma the Italian Farm Equipment Manufacturer Association.  "We are sure that thanks to these new additions to our product line, our presence on the global market will grow further. Being a leader in ones product segment is proof of having made the right decisions at the right time and having firmly believed in the Company's strategies". The Tonutti Group is a manufacturer of farm machinery since 1864 and today has six production facilities in Italy and one in Russia, along with two sales subsidiaries: Tonutti U.S.A. and Tonutti Russia. Today, with the new acquisition, the Tonutti Group employs over 400 workers.
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