Business

Quincy-based business acquires Italian manufacturer

By THE HERALD-WHIG STAFF
Posted: Jun. 7, 2019 10:20 pm Updated: Jun. 7, 2019 10:57 pm

QUINCY -- A Quincy-based manufacturer announced Thursday that it has purchased an Italian company that specializes in producing television and digital radio transmission systems.

GatesAir spokesperson Brian Galante said the company's acquisition of ONEtastic was finalized May 31.

ONEtastic is based in Brescia, Italy. GatesAir, located at 3200 Wisemann Lane in Quincy, also has a research facility in Mason, Ohio.

GatesAir officials said the acquisition strengthens the company's research and development capabilities as well as further establishes a presence in Europe.

"The acquisition of ONEtastic underscores our commitment to the broadcast market and accelerates the investments we are making in our transmission portfolio," said Bruce D. Swail, CEO of GatesAir. "The unique, innovative and award-winning products and technologies from ONEtastic add new capabilities to our portfolio and complement our transmission and transport platforms."

GatesAir will retain the entire ONEtastic team, including the company's founder Carlo Bombelli and CEO Luca Saleri, and facility in Italy, but the name will change.

"Our combined strengths will allow the broader company to provide our customers with the industry's most reliable, state-of-the-art transmission solutions that is backed by a global service network." said ONEtastic founder Carlos Bombelli. "We're very excited about the possibilities that lie ahead."

GatesAir has had a presence in Quincy since it was founded in 1922.

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