# Sacmi Group acquires 60% stake in Pack Sud

Sacmi Group acquired a 60% stake in Pack Sud, a Bari-based manufacturer of vertical food packaging machines, to expand its chocolate and packaging division.

- Type: Acquisition
- Announced: 2020-07-15
- Where: Bari, Italy, Italy
- Status: completed
- Products: vertical food packaging and wrapping machines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Sacmi](https://endata.com/companies/2154.md) (acquirer)
- [Pack Sud](https://endata.com/companies/48565.md) (target)

## Sources

- [confectioneryproduction.com](https://www.confectioneryproduction.com/news/30436/sacmi-group-extends-its-chocolate-and-packaging-division-with-new-acquisition/), 2020-07-15: "The takeover represents a further step in the implementation of a strategy that has the twin goals of product range completion and market diversification."

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