Ilpra acquires 80% stake in Veripack

Ilpra, an Italian packaging machinery producer, acquired an 80% stake in Veripack, a manufacturer of thermoforming machines for food and medical packaging, for a lump sum of €24,000. The deal aims to expand Ilpra's product range and boost exports to India.

“The operation is part of Ilpra’s growth plan aimed at expanding its range of technological solutions and boosting exports to new geographical markets.”packmedia.net

• 1 source
• packmedia.netIlpra acquires Veripack and strengthens its position in the Indian marketApr 29, 2019Apr 30, 2019

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