# Investindustrial acquires majority stake in Della Toffola

Investment group Investindustrial has acquired a 73.5% majority stake in Della Toffola, a packaging and processing machinery manufacturer. The Della Toffola brothers will retain a 26.5% minority stake.

- Type: Acquisition
- Announced: 2020-09-08
- Where: Italy
- Value: $425.0M
- Status: announced
- Products: packaging and processing machinery, automated line design
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Hexion](https://endata.com/companies/22326.md)
- [Investindustrial](https://endata.com/companies/2585.md) (acquirer)
- [Black Diamond Capital Management](https://endata.com/companies/24366.md) (acquirer)
- [Della Toffola](https://endata.com/companies/49649.md) (target)

## Sources

- [packagingnews.com.au](https://www.packagingnews.com.au/equipment/investindustrial-acquires-majority-stake-in-della-toffola), 2020-09-08: "Investindustrial, an investment group, has inked an agreement to acquire a majority stake in packaging and processing machinery and automated line designer and manufacturer Della Toffola."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/13239/000001323920000028/hsc-20200927.htm), 2020-09-28: "On September 27, 2020, Hexion Inc. entered into a definitive agreement for the sale of its Phenolic Specialty Resins, Hexamine and European-based Forest Products Resins businesses to Black Diamond Capital Management, LLC and Investindustrial for a purchase price of approximately $425 million."

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