Hinojosa Packaging sells Cipasi unit to Italy's Karton

Spanish packaging group Hinojosa Packaging has sold its Cipasi business, a cellular polypropylene producer based in Masamagrell, Valencia, to Italian group Karton. Cipasi had 2021 revenue of EUR 9 million and 38 employees, all of whom Karton will retain; the value was not disclosed.

“Karton mantendrá el 100% de la plantilla de Cipasi, compuesta por 38 trabajadores.”expansion.com

• 1 source
• expansion.comHinojosa vende Cipasi al grupo italiano Karton | Comunidad ValencianaJan 10, 2023

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