# Fedrigoni acquires 70% of thermoformed packaging producer NewCo

Fedrigoni acquired a 70% stake in a NewCo that will make thermoformed, biodegradable cellulose inner trays and boxes for luxury goods. The deal was reported on 31 August 2021.

- Type: Acquisition
- Announced: 2021-08-31
- Status: completed
- Products: thermoformed cellulose inner trays, gift boxes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Fedrigoni](https://endata.com/companies/3177.md) (acquirer)

## Sources

- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/11), 2021-09-15: "Fedrigoni has acquired 70% of a NewCo that will produce inner trays for boxes and gift cases for luxury items."

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