# Entangled Capital SGR acquires majority stake in FBL food machinery

Entangled Capital SGR, through its EC I fund, acquired a 70% stake in F.B.L. Food Machinery, an Italian manufacturer of food packaging machinery, on February 1, 2023. The company had a turnover of about €10 million in 2022.

- Type: Acquisition
- Announced: 2023-02-01
- Where: Sala Baganza, Parma, Italy, Italy
- Status: completed
- Products: food packaging machinery, palletizing lines, filling machines
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Entangled Capital SGR](https://endata.com/companies/68263.md) (acquirer)
- [F.B.L. Food Machinery](https://endata.com/companies/68264.md) (target)

## Sources

- [entangledcapital.com](https://entangledcapital.com/it/press/settimo-investimento-per-entangled-capital-sgr-che-acquisisce-la-maggioranza-di-fbl-food-machinery/), 2023-02-01: "Questa settima operazione consolida ulteriormente la strategia di investimento perseguita dal Fondo EC I."

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