# Radici's Itema acquires 61% stake in Lamiflex

Itema SpA, part of Italy's Radici Plastics USA Inc., has acquired 61% of the shares in Italy's Lamiflex SpA, a supplier of composite materials for textile machinery, medical, aerospace, and other industrial applications.

- Type: Acquisition
- Announced: 2017-08-08
- Where: Italy
- Status: completed
- Products: composite materials
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Lamiflex Group](https://endata.com/companies/13509.md) (target)
- [ITEMA](https://endata.com/companies/17117.md) (acquirer)
- [Radici Plastics USA](https://endata.com/companies/26151.md) (partner)

## Sources

- [ptonline.com](https://www.ptonline.com/articles/-new-materials-acquisitions-and-development-collaborations-), 2017-08-08: "The move is set to create and stimulate significant synergies along the respective supply chains."

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