Italian packaging maker Imbal Carton added another production line in April 2024 at its Drizzona site, aiming to broaden its product range. The company says it is backed by its German partner Progoup.

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.

Progroup laid the foundation stone for a new corrugated sheetfeeder plant in Cessalto near Venice, Italy, which will create around 60 jobs and is expected to start production by mid-2025 to supply partner Ondulkart.

Baker Hughes inaugurated an expanded production line for centrifugal compressors at its Talamona plant in the Valtellina area of Italy. The investment will add four specialized jobs, taking the site above 300 employees.

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.

ATAM has replaced most of its overmoulding presses at its Agrate Brianza, Italy plant, adding six new machines of different tonnages to raise production capacity for encapsulated coils.

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.

Imbal Carton plans a 20,000 square meter corrugated cardboard plant in Piadena Drizzona, Cremona, in collaboration with German multinational Progrup, with a EUR 15 million investment including machinery. Construction is planned to start next year, with turnkey delivery expected by 2026 and 50 initial jobs.

Interpump Hydraulics has laid the foundation stone of its new 62,000 square meter headquarters in Sala Bolognese, near Bologna, Italy, with an investment of about 30 million euros. Staff from Calderara di Reno and Bologna will move there starting in 2025.

VPK Group entered a joint venture with IEMME srl, an Italian corrugated cardboard company in Gambolò near Milan. The move is VPK's second growth step in Italy after its October 2023 Zetacarton stake.

VPK Group announced a joint venture with IEMME srl, a corrugated cardboard producer based in Gambolò near Milan, to expand its paper-based packaging business in Italy. IEMME's plant produced 70 million m² of cardboard in 2023.

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.

Azmec and Riva Tecnoimpianti announced a partnership to offer a joint market offering of vacuum pumps and metalworking products. The article gives no specific partnership date, so the article date is used.

Trillium Flow Technologies launched integrated horizontal pump lines combining its Gabbioneta Pumps and Termomeccanica Pompe brands, following its acquisition of the Termomeccanica Pompe brand. The range includes OH2, OH3, OH5, BB1 to BB5 and VS4 designs.

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.

Vetropack inaugurated its new high-tech glass container plant in Boffalora sopra Ticino, Milan province, after an investment of over CHF 400 million. The site is expected to raise production by 70%.

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.

Saica Pack signed a notarial deed with the mayor of Santa Maria Hoè to invest €33 million expanding its paper and cardboard packaging plant, with works starting within days and more jobs expected.

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.

Baglioni opened a new automated production line for carbon and stainless steel compressed air pressure tanks at its Casalvolone plant in the province of Novara in June 2023.

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.

La Doria has added a third SIG Safe 12 Food Retort filling line at its Sarno plant in Italy to fill canned food products in SIG SafeBloc carton packs. The article gives no investment amount.

Swedish heat transfer firm Alfa Laval has begun construction of its second production site in San Bonifacio, Verona province, with an investment of about €100 million, to be fully operational in about a year.

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.

After buying the Duino mill, Mondi plans to invest around €200 million to convert a paper machine into a containerboard machine. The converted mill is expected to produce about 420,000 tonnes of recycled containerboard a year.

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.