# Progressio acquires 70% of Garda Plast, Italian PET preform maker

Progressio Investimenti II Fund acquired a 70% stake in Garda Plast, an Italian producer of PET preforms, from the Tonoli family, which retains 30%.

- Type: Acquisition
- Announced: 2017-07-04
- Where: Italy
- Status: completed
- Products: PET preforms
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Progressio SGR](https://endata.com/companies/1693.md) (acquirer)
- [Garda Plast](https://endata.com/companies/1694.md) (target)

## Sources

- [progressiosgr.it](https://www.progressiosgr.it/en/news/progressio-has-acquired-garda-plast/), 2017-07-04: "Progressio has acquired a 70% stake from the Tonoli family, with Amos and Luca Tonoli retaining a 30% stake in the business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.