# Finexx acquires 100% of Austrian plastic packaging maker Volpini Verpackungen

Stuttgart investment firm Finexx acquired all shares of Volpini Verpackungen GmbH Austria, a plastic packaging producer in Spittal an der Drau with about 60 employees and roughly EUR 13 million in annual sales. Financial terms were not disclosed and closing is expected within weeks.

- Type: Acquisition
- Announced: 2021-04-23
- Where: Spittal an der Drau, Austria
- Status: announced
- Products: plastic yogurt cups, Desto cups, thermoforming films
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Finexx](https://endata.com/companies/7874.md) (acquirer)
- [Volpini Verpackungen GmbH Austria](https://endata.com/companies/7875.md) (target)

## Sources

- [presseportal.de](https://www.presseportal.de/pm/155073/4897052), 2021-04-23: "Die Übernahme wird in den kommenden Wochen abgeschlossen sein, finanzielle Details werden nicht bekanntgegeben."
- [fyb.de](https://www.fyb.de/finexx-uebernimmt-volpini-verpackungen-und-erhoeht-fondsvolumen/), 2021-04-27: "Die Beteiligungsgesellschaft Finexx hat im Rahmen einer Nachfolgeregelung 100 Prozent der Anteile an der Volpini Verpackungen GmbH Austria übernommen."

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