# IMA acquires majority stake in Record flowpack machine manufacturer

IMA acquired 71.5% of Record, an Italian manufacturer of horizontal flowpack machines based in Garbagnate Monastero, to strengthen its IMA FLX division for flexible packaging solutions.

- Type: Acquisition
- Announced: 2020-06-18
- Where: Garbagnate Monastero, Italy, Italy
- Status: completed
- Products: horizontal flowpack machines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [IMA](https://endata.com/companies/2863.md) (acquirer)
- [Record S.P.A](https://endata.com/companies/5839.md) (target)

## Sources

- [emballagedigest.fr](https://www.emballagedigest.fr/en/machines-flowpack-nouvelle-acquisition-pour-ima/), 2020-06-18: "Si le rachat d’EuroSicma se veut complémentaire et nous a permis de nous positionner sur un segment comme la biscuiterie, le rachat de l’usine Record a davantage l’objectif de consolider notre présence sur le marché de la boulangerie industrielle."

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