Investindustrial's SPSI unit acquired a 24.2% stake in Guala Closures and agreed to buy a further 16.6%, lifting its holding to 48.9%. It will launch a full takeover offer at EUR 8.20 per share, announced on December 8, 2020.
Berlin Packaging has acquired Italian plastic packaging company Pentapackaging, based in Bergamo. It is the ninth Berlin Packaging acquisition in Europe since 2016.
Italian public buyer ERSU SPA awarded Sumus Italia srl a triennial supply contract worth EUR 1,198,110 for paper sacks for separate waste collection, with the award dated 2020-10-30.
TriMas signed an agreement to acquire Affaba & Ferrari Srl, a designer and manufacturer of precision caps and closures based in Borgo San Giovanni, Italy. The deal is expected to close before the end of 2020 and will join TriMas' Packaging segment through its Rieke division.
PiovanGroup has signed an agreement to acquire 100% of the share capital of Doteco SpA, a Modena-based maker of dosing technologies for plastic films. Doteco reported 2019 consolidated turnover of EUR 19.7 million.
Mauser Packaging Solutions, through its joint venture NCG-Maider, acquired Italian reconditioning firm EuroVeneta Fusti (EVF), expanding its IBC and plastic packaging services in Italy, as announced September 10, 2020.
Mauser Packaging Solutions acquired EuroVeneta Fusti Srl through joint venture NCG-Maider, adding reconditioning sites near Turin and Venice and extending its Italian industrial packaging offering.
All4Labels Global Packaging Group closed an agreement to acquire Rotomet, Italy's leading shrink sleeve supplier, and the roll-fed activities of GPS Label, which together have about €50 million turnover from two facilities in Schio, Italy. Terms were not disclosed. The announcement is dated August 6, 2020.
Lumson, a cosmetic packaging maker, agreed to acquire packaging company Pibiplast from private equity firm Ambienta for €350 million. The deal creates a large European packaging group.
Poste Italiane awarded ETA-RO Lavorazione Carta in Rotoli a framework contract worth EUR 24,720,364 to supply labels, packaging, forms, kraft envelopes and cardboard boxes.
Italian box maker Toppazzini SpA is adding corrugated packaging capacity with a new corrugator at its San Daniele site, northeast of Venice. The article gives no specific investment value or date for the new line.
Private equity fund Gradiente I, managed by Gradiente SGR with co-investor La Finanziaria Trentina, sold 100% of aluminium packaging maker TR Alucap to Austria's Constantia Flexibles on March 1, 2017.
H.I.G. Capital portfolio company Cadica Group has acquired the majority of Scatolificio Cartotecnica Giorgi, a Tolentino packaging box maker producing over 70,000 boxes daily, announced January 21, 2020.
Gruppo Fabbri announced that CAVECO has officially joined the Modena-based group, adding thermosealing machines and packaging lines to its portfolio. The deal's value was not disclosed.
Megabox, a Pesaro-based packaging company, invested over 10 million in a new production site of about 12,000 covered square metres, including a Engico 4800 casemaker line certified for Industry 4.0. The announcement was dated December 18, 2019.
Green Arrow Capital, via its Private Equity Fund 3, acquired the majority stake in Poplast Group from EOS Investment Management and reinvesting managers, creating a green packaging platform in Italy. Poplast has plants in Castel San Giovanni and Lamporecchio.
Italian paper maker Fedrigoni has agreed to acquire self-adhesive products maker Ritrama for nearly 300 million euros, according to a source close to the matter.
Berlin Packaging announced the acquisition of Vetroservice srl, a packaging supplier of glass containers and closures serving the food and olive oil sector in central Italy. It is Berlin's third acquisition in 2019.
Ondulati Nordest, a corrugated sheet feeder near Venice, is investing EUR 20 million to add a second corrugator line from Fosber, after its existing Agnati line reached capacity.
Under an agreement signed 2 September 2019, FLO SpA took control of ISAP-Packaging, a Verona maker of disposable tableware and food packaging, and F Bender, a Welsh maker of paper tableware, as part of a reorganization with DOpla SpA.
Induplast SpA, a Bolgare-based maker of cosmetic packaging, acquired Vexel Srl, combining injection and blow molding capabilities and product catalogs. Vexel's founders keep a minority stake and their operational roles.
Smurfit Kappa has opened a new paper recycling plant in Marlia near Lucca, Italy, processing about 15,000 tonnes of recycled paper, rising to 25,000 tonnes next year. Six staff currently work at the site.
Prowell, a subsidiary of Progroup AG, is opening a corrugated board factory in Drizzona, Italy, next to Imbal Carton, with a 100,000-tonne annual capacity and about 40 new jobs.
US company Tekni-Plex acquired Lameplast, an Italian maker of plastic pharmaceutical packaging, from private equity firm Aksìa Group for an undisclosed amount. Lameplast employs 130 people at Rovereto sul Secchia and joins Tekni-Plex's film business.
Pusterla 1880 Group agreed to acquire Cavalieri & Amoretti and its subsidiaries, adding luxury round-box secondary packaging capacity. Founder Gianluca Cavalieri keeps a minority stake. The deal value was not disclosed.
Belgian private equity firm Cobepa bought a majority stake in Enoplastic, which makes capsules and caps for bottles in the Varese province of Italy, from the Macchi and Moglia families. Michele Moglia and Samo Kalin will continue to manage the company.
Spanish search fund Ariol Capital acquired 100% of Italian plastic and metal packaging distributor Pentapackaging in summer 2018, a deal now disclosed. It is financed with own resources and bank debt, and is part of its portfolio company Repli's growth plan.
TriMas, a US engineering products manufacturer, has acquired Plastic Srl of Italy, which makes single-bodied and assembled caps and closures; the deal is expected to yield more than €10 million (about $12 million) in annual revenue and Plastic Srl will be integrated into TriMas's Rieke business.
Rivoira and its partners purchased a 50% stake in Zeropack, a newly established Italian packaging firm set up by bioplastics company Bio-on, which will offer bioplastic packaging for fruit and vegetables.
Xenon acquired 100% of Mectra and Emmeti in Montecchio Emilia and Sipac and Logik in Fontevivo, creating Ems Group, a packaging line maker with EUR 130 million turnover and 290 employees. The deal was reported on 2018-12-13.
US engineering products maker TriMas agreed to acquire Plastic Srl, an Italian manufacturer of caps and closures, for an undisclosed sum. Plastic Srl will become a wholly owned division of TriMas' Rieke business on completion in the first half of 2019.
Sidel Group completed its acquisition of PET Engineering, a San Vendemiano, Italy packaging firm with 40 employees that makes plastic containers for water, soft drinks, dairy and beer.
Fava Artemio was commissioned by Serioplast to design and build a new bulk conveying system and Venturi pneumatic conveyor for PET and HDPE bottles at the L'Oréal plant in Settimo Torinese, Italy.
Melitta has acquired Cuki Group, the parent of Italian food storage and refuse bag market leader Cuki Cofresco, based in Volpiano near Turin. Cuki Group had 2017 revenue of about EUR 200 million; terms of the deal were not disclosed.
21 Invest acquired a majority stake in Carton Pack, a fruit and vegetable packaging company based in Puglia, Italy, together with the founding Leone brothers. The deal was completed in July 2018.
Private equity funds managed by L Catterton and Ambienta sgr will take control of Pibiplast, a cosmetics and personal care plastic packaging maker based in Correggio, Italy. The Bosi family will retain a minority stake. The deal value was not disclosed.
Protek Pharma Worldwide has officially opened a new 2,300 square meter production facility in Verona, Italy, for insulated temperature-protection shipping products. A fully automated extruder with capacity of over 20 million square meters annually was commissioned in January.
Progroup started production at its new corrugated sheetboard plant in Drizzona, Italy in February 2018. The company's 2017 sales rose 9.69% to about 804 million euros.
Sappi Limited signed an agreement to acquire the speciality paper business of Cham Paper Group for CHF146.5 million (about $149 million), including mills in Carmignano and Condino, Italy and a digital imaging business in Cham, Switzerland. Completion is expected in Q1 2018, subject to competition approvals.
Tri-Wall Limited acquired a 100% stake in Scart Imballaggi S.r.l., which operates plants in Northern and Central Italy making corrugated packaging, wood packaging and pallets.
Poste Italiane S.p.A. awarded a framework contract worth EUR 11,793,010 to Ondapack S.r.l. for supplying forms, labels, boxes and cardboard. The award was published on November 7, 2017.
According to sources cited by Reuters, Edizione Holding has teamed up with Goldman Sachs's private equity arm to bid for Italian packaging company Guala Closures. The report is unconfirmed.
Corning agreed a collaboration with Stevanato Group, a Dese, Italy-based parenteral glass packager, to supply its Corning Valor Glass for injectable drug packaging. The deal extends a relationship dating to 2011 and combines Stevanato's converting technology with Valor Glass.
Italian capping systems maker AROL SpA finalized its acquisition of Italian packaging equipment manufacturer UNIMAC-GHERRI, which makes filling and capping machines for glass containers with twist-off caps.
Triton funds partnered with Bormioli Luigi to purchase the pharma division of Bormioli Rocco, a pharmaceutical primary packaging maker currently owned by Vision Capital.
Progressio Investimenti II Fund acquired a 70% stake in Garda Plast, an Italian producer of PET preforms, from the Tonoli family, which retains 30%.
Plastic packaging company ALPLA is set to acquire Propack, an Italian producer of HDPE and PET bottles, to strengthen production capacity in north-east Italy; completion expected in July.
CROWN Imballaggi Italia, part of Crown Holdings, has installed an AVT Titan 100% print inspection system at its Calerno plant in Italy. The system supports a new KBA six-colour printing press for metal packaging. It was reported on 11 May 2017.
Progroup subsidiary Prowell is founding Prowell S.r.l. to build a corrugated board plant in Drizzona, Northern Italy, next to Imbal Carton. The machine will have 100,000 tpy capacity, create about 40 jobs, and start up in Q1 2018.
Goglio SpA and its subsidiary Goglio Cofibox SpA approved a merger by incorporation of Cofibox into Goglio, effective 31 December 2016, to rationalize management and achieve economies of scale in packaging.