The Punto Pack Group, controlled by Roberto Nisica's holding Nice Do, acquired the majority of Printingpack S.r.l., a Barberino Tavarnelle printing and paper converting firm serving pharmaceutical, cosmetics and food industries. No value was disclosed.
Isem Packaging Group completed the industrial integration of Bartoli Packaging Srl, a Tuscan maker of rigid luxury boxes for fashion brands, through its subsidiary Industrial Pack Srl. The article does not state a deal value.
Japan's Tsurumi Manufacturing acquired the entire share capital of Zenit International SpA, holding company of wastewater treatment equipment maker Zenit Group, based in San Cesario sul Panaro. The agreement was signed on 15 July 2024.
Isem Packaging Group, backed by Peninsula Capital, finalized the industrial integration of Tuscan luxury rigid box maker Bartoli Packaging through subsidiary Industrial Pack. The closing took place in June 2024 and was announced on July 15, 2024.
Dacke Industri completed the acquisition of 70% of the shares in Airon Srl, a Rovigo, Italy maker of pneumatic actuators and valves, on 3 July 2024. The existing owners keep the remaining 30%.
Asco Pompe acquired the majority of shares in Mencarelli Pompe e Valvole of Bresso, near Milan, to broaden its fluid handling product portfolio. Guido Mencarelli stays as chairman and retains part of the shares.
Fanti Packaging of Bologna acquired a 60% stake in Ocm Imballaggi of Gruaro, Italy, which makes jars for Illycaffè. The founding D'Agnolo family keeps 30%, and Illycaffè raised its stake to 2%. All 220 employees were retained.
Italian pump maker Mencarelli Pompe e Valvole has become part of the ASCO group, aiming for production and commercial synergies. Guido Mencarelli remains chairman, and the two companies will exhibit together at Achema in June 2024.
Interpump Group acquired 100% of the capital of Italian valve maker Alfa Valvole Srl from U.S.-based IDEX Corporation for a total price of EUR55 million. Alfa Valvole generated about EUR28 million in sales in 2023. The deal was announced on 2024-06-03.
Pneumax Group bought 90% of Automationware S.r.l., a newly spun-off mechatronics unit producing high-performance electric actuators, following a split of Automationware in May 2024.
Saica Group reached an agreement with the Bertoldo family to become the major shareholder of LIC Packaging, a corrugated board producer in the Brescia province of Lombardy, Italy. The Bertoldo family will remain in management. The announcement is dated May 14, 2024.
SACMI Group announced the sale of its Beverage Business Unit, a maker of beverage filling, stretch-blowing and labeling systems, to Omnia Technologies; the deal is expected to close by the end of summer 2024.
Plastchim-T now owns 100% of the shares of Manucor, a biaxially oriented polypropylene manufacturer with a production and logistics centre in Sessa Aurunca, Italy, as of 30 April 2024.
Spain's Hinojosa Packaging Group has acquired Italian family-owned paper and corrugated packaging company MS Packaging, adding two plants in Salerno and Arzano. MS Packaging had 2023 turnover of EUR 60 million and about 200 employees, who will retain their jobs.
Verallia has agreed to acquire Vidrala's Italian glass container business, with its single site in Corsico near Milan, for €230 million enterprise value, financed by external debt; completion is expected in Q2 or Q3 2024.
EiM Capital and Apogee Global signed a definitive agreement to acquire Dana's European hydraulics business (formerly Brevini Fluid Power) in Reggio Emilia, Italy, and combine it with HPI, creating a hydraulics engineering group with about 700 employees.
Ingersoll Rand has completed the all-cash acquisition of Friulair S.r.l., an Italian maker of compressed air dryers and chillers with manufacturing in Italy and Thailand, for approximately $146 million. Friulair has roughly $65 million in revenue and about 215 employees.
Belgium-based VPK Group is taking a stake in Italian corrugated packaging company IEMME Packaging, based in Gambolò near Milan, to expand its paper-based packaging offer in Italy. IEMME produced 70 million m² of cardboard and generated about €40 million revenue in 2023.
Pedrollo Group has acquired a majority stake in PM, a submersible motor maker based in Brendola (Vicenza), Italy. It is Pedrollo's fourth growth transaction since 2019.
RMT Valvomeccanica officially acquired PIBIVIESSE, a ball and control valve producer, as part of the GIVA Group, with the transaction finalized on December 13, 2023. The companies will keep separate organisational and production structures.
Axium Packaging completed the acquisition of Silte Srl, a family-owned plastic bottle and jar producer in Budrio near Bologna, Italy. Silte has a turnover of EUR 7.5 million and 25 employees.
Casappa SpA completed the acquisition of 100% of the share capital of Benvenuti Srl, a precision machinery company headquartered in Sant'Ippolito, Pesaro Urbino, Italy. The press release is dated 9 November 2023.
Ambienta has acquired Italian centrifugal pump maker Caprari, which will be rebranded as Wateralia, with the Caprari family keeping a minority stake. Ambienta plans to use the business as a platform for consolidation in water pumps.
Investindustrial acquired Italian pump and valve maker CEME Group from Investcorp for €280 million, taking a 97% stake with management keeping the rest. The deal was backed by a €130 million senior debt package.
Valgroup announced the acquisition of Garda Plast Group, formed from Garda Plast and IFAP, which produces PET and rPET preforms. The deal, led by Progressio SGR, strengthens Valgroup's presence in Italy.
Danish axial impeller maker Multi-Wing Group acquired 100% of Italian HVAC&R fan manufacturer VIP Air Empowerment Srl, which was founded in 1985. The Fasolini family owners will remain in the company.
VPK Group signed an agreement to acquire a majority stake in Zetacarton, an Italian corrugated cardboard manufacturer near Como that makes fanfold and big-box packaging. The company had 110 employees and about EUR 75 million revenue in 2022. The financial terms were not disclosed.
Relife Group acquired Scatolificio Deles Spa and its subsidiary Ondulati Menegazzi in October 2023, expanding its corrugated board business in Italy. The deals are expected to lift Relife Paper Packaging capacity to almost 315 million m² of corrugated products next year.
Isem Packaging Group closed the integration of Sacchettificio Toscano, a historic Italian luxury packaging maker, strengthening its position in luxury packaging.
Carton Group, owned by Waterland, signed an agreement to acquire the operating business of Europoligrafico, an Italian packaging supplier with about EUR 60 million turnover and two Italian plants. Closing is expected in early autumn 2023.
EBARA Pumps Europe S.p.A. agreed to acquire the submersible pump production business Spandau Pumpen from SKF Lubrication Systems Germany GmbH effective 11 July 2023, moving production to Italy.
CCL Industries closed its C$44 million acquisition of Pouch Partners from a company owned by Capri-Sun Group. Pouch Partners makes printed and laminated flexible film for pouches and reported C$104 million in sales last year.
Saica Group acquired a minority share in Adda Ondulati and Cartorobica, two Italian corrugated board plants in Annone di Brianza and Pietrasanta with 2022 revenue of EUR 105 million and 247 employees.
Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors and its subsidiary Adicomp for approximately EUR 160 million, adding air and gas compressor capabilities to its Industrial Technologies and Services segment.
Irish packaging group Zeus Group announced the acquisition of Cima Paper S.p.A., an Italian paper and board converter with annual revenues of EUR 65 million, to strengthen its vertically integrated packaging supply chain.
Nordson Corporation agreed to acquire ARAG Group, an Italian maker of precision agricultural spraying control systems and fluid components, in an all-cash deal valuing ARAG at an enterprise value of EUR 960 million.
Ambienta's water pump platform Wateralia acquired Italian pump distributors Linea Ricambi and Bergomi Trading, combined as Caprari Trading. The two companies serve more than 850 clients and add aftersales and distribution capacity to Wateralia.
Bobst Group acquired a 70% equity stake in Dücker Robotics s.r.l., an Italian maker of robots for loading and palletizing in the corrugated board sector. The deal closed on April 28, 2023, and the current management stays in place.
Atlas Copco acquired C.P. Service SRL, a compressor distributor and service provider in Naples, southern Italy, with 13 employees and about EUR 6 million turnover in 2022. The purchase price was not disclosed, and the business joins Atlas Copco's Compressor Technique service division.
Alto Partners S.G.R. acquired a majority stake of about 71% in Lario Plast S.r.l., a maker of HDPE and PET bottles, through its Alto Capital V private equity fund. Proactiva Strategy M&A advised Lario Plast on the deal.
Danfoss A.S. plans to acquire Italy's Alfagomma Group to gain further market share in Europe in fluid conveyance.
Italy's Marchesini Group has acquired M.A.R. S.p.A., a Milan-based maker of pharmaceutical packaging machines for liquids, powders and syringes. M.A.R. will keep its Lainate site and staff and expand by hiring technicians and designers.
Coesia and Oji Holdings signed a definitive agreement under which Coesia will sell IPI Srl, a supplier of aseptic carton packaging based in San Sisto (Perugia), to Oji. IPI employs 170 people and had 2022 sales of about 65 million euros.
HMC Premedical SPA has acquired 100% of Dimar SPA, a maker of non-invasive respiratory ventilation medical devices, in Mirandola, Italy. Dimar's founder Maurizio Borsari becomes a direct shareholder of HMC Premedical.
Burgo has sold its Duino (Trieste) paper plant to the British group Mondi, with production of coated wood-containing paper continuing through 2023 and Burgo handling sales. The transfer was made official on 15 January 2023.
Prinzhorn Group made a strategic investment in Scatolificio La Veggia, an Italian packaging company, marking its entry into the Italian market. The article is an advisory firm's page, and the deal value and closing terms are not stated.
Finav, the holding company of Italian steel processing conglomerate GIVA Group, has completed the acquisition of 100% of the shares of Pibiviesse, a valves and actuation business. GIVA expects synergies with its network of industrial plants.
Stirling Square Capital Partners signed a contract with Wise Equity to acquire 100% of Tapì, an Italian maker of premium beverage closures. The deal is expected to close in early 2023. No price was disclosed.
Private equity firm Stirling Square completed its acquisition of Tapi, a beverage packaging closures group, from Wise Equity for €300m. The announcement was dated 20 December 2022 and the deal was completed in February 2023.
France's Alliance Etiquettes purchased Italian label printer Tonutti Tecniche Grafiche, extending its reach into wine and Prosecco production regions in northern Italy, its tenth acquisition since 2015.