# Progressio acquires majority stake in Gampack, Italian packaging machinery maker

Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.

- Type: Acquisition
- Announced: 2019-01-01
- Where: Podenzano, Piacenza, Italy
- Status: completed
- Products: shrink wrappers, cardboard packers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Progressio](https://endata.com/companies/4389.md) (acquirer)
- [Gampack](https://endata.com/companies/4390.md) (target)

## Sources

- [progressiosgr.it](https://www.progressiosgr.it/en/news/progressio-acquires-gampack/), 2019-01-01: "Progressio Fund III has finalized the acquisition of a majority stake in Gampack."

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