# Angelini Industries to buy P&G's 50% stake in Fameccanica

Angelini Industries signed an agreement with P&G to acquire the remaining 50% of Fameccanica, a factory automation specialist, taking full ownership. The closing is expected in June 2022, subject to antitrust approval.

- Type: Acquisition
- Announced: 2022-03-27
- Where: Rome, Italy
- Status: announced
- Products: factory automation, single-use hygiene products
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Procter & Gamble](https://endata.com/companies/1815.md) (partner)
- [Fameccanica](https://endata.com/companies/43756.md) (target)
- [Angelini Industries](https://endata.com/companies/61889.md) (acquirer)

## Sources

- [angeliniindustries.com](https://www.angeliniindustries.com/en/press-room/press-releases-and-news/press-releases/angelini-industries-signs-agreement-with-pg-to-buy-50-and-so-control-100-of-fameccanica/), 2022-03-27: "With the acquisition of Fameccanica we wish to further invest in a sector which has great growth potential and in which Italy has extraordinary resources."
- [nonwovensnews.com](https://www.nonwovensnews.com/2022/04/19/angelini-takes-full-control-of-fameccanica/), 2022-04-19: "Angelini Industries has signed an agreement with P&G to buy 50% of Fameccanica, which until now was a 50/50 joint venture between the two companies."

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