Schur Flexibles acquired Termoplast S.r.L., a producer of 100% recyclable MDO-PE films based at Gambassi Terme near Florence, Italy, to expand its presence in the Italian market.
Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.
Special Packaging Solutions Investments completed the acquisition of the remaining stake in Italian closures maker Guala Closures on June 7, 2021, after a mandatory takeover bid. The original offer was valued at about EUR 300 million.
Italian packaging maker Gualapack became majority shareholder of Easysnap Technology, a Modena-based maker of single-dose easy-open packaging systems. Easysnap's CEO Andrea Taglini will remain in his role.
Libra Srl and Nibe Srl, both existing shareholders of Emmegi Detergents, acquired 100% of Imp spa, a contract manufacturer in Altavilla Vicentina with over EUR 30 million revenue and 110 employees. Industrial real estate assets are to be transferred later.
IGI Investimenti Sei, managed by IGI Private Equity, announced it acquired a 73% stake in OME Metallurgica Erbese and Stampinox, makers of fastening systems for the oil and gas and power generation sectors. The Farina family's holding Anirafa reinvests for the remaining 27%, and Intesa Sanpaolo arranged the financing.
Private equity firm Oxy Capital and illimity Bank agreed to acquire Gpack Group, an Italian maker of cardboard boxes and cartons for luxury, pharma, cosmetics and food markets, for $72 million.
Aspen Pumps Group, a global air conditioning and refrigeration manufacturer, announced its acquisition of Italian AC brackets and installation accessories maker 2 Emme Clima Srl, based in Padova.
Oerlikon has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its HRSflow hot runner systems business, expanding its polymer processing solutions; completion is expected in Q2 2021.
Mauser Packaging Solutions, through its joint venture NCG-Maider, acquired Italian reconditioner Global Tank Srl, adding a site in Magnago near Milan. The deal expands its industrial packaging and reconditioning footprint in Italy.
Berlin Packaging acquired Glass Line, a Savona-based Italian maker of glass and metal packaging for wine and olive oil with about EUR 6 million turnover in 2019. The price was undisclosed.
Schur Flexibles Group acquired Sidac SpA, a flexible packaging manufacturer based in Forlì near Bologna, to expand its presence in the Italian market. Sidac has about EUR 34 million in annual revenue and 120 employees; the deal value was not stated.
CEME S.p.A. completed the takeover of 100% of ODE Group, including ODE srl, ACL srl and ODE-HK, with about 750 employees and over EUR 80 million turnover, creating a group of 1,650 employees.
Italian packaging group Grifal agreed to acquire 100% of a newco receiving the operating division of Cornelli, which makes corrugated cardboard boxes and branding for packaging, in a deal stated as EUR 1.257 billion.
An affiliate of Peak Rock Capital has acquired a majority holding in AMB, an Italian maker of food packaging films, as announced on February 5, 2021.
Atlas Copco has acquired DGM SRL, a privately owned Vicenza-based distributor of compressed air equipment and services serving industrial customers in Italy's Veneto region. The price was not disclosed.
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.
Copreci has closed an agreement to buy all assets of the valve production process from Defendi S.r.l., an Italian subsidiary of the E.G.O. Group, strengthening its gas cooking appliance business.
Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.
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.
Pneumax Group acquired FIAP S.p.A., an Emilia-Romagna industrial supplier of pneumatic technology, mechanical transmissions and process instrumentation. The deal adds eight Italian branches to Pneumax's network.
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.
Interpump Group published the merger-by-incorporation project for Mariotti & Pecini, a mixer and agitator maker it fully controls after acquiring the remaining 40% stake this year. The group had originally bought 60% in 2017 for about EUR 9 million.
OMB Valves SpA of Bergamo, Italy completed its acquisition of BEL Valves S.r.l., the Milan operation of UK-based BEL Valves Limited. The business makes API 6D ball and gate valves and keeps the BEL Valves name for one year.
CERTINA Holding completed the carve-out acquisition of Italian valve maker Pibiviesse S.r.l. from CIRCOR International for about EUR 20 million including earn-out.
Rubix Group acquired 100% of Barlotti S.r.l., a Bologna-based company active since 1981 in thermoplastic processing and technology for food, pharmaceutical, bottling and packaging industries. SCOA advised the Barlotti family, and founder Bruno Barlotti remains as Managing Director.
Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.
LIXIL Group has agreed to sell its Permasteelisa building facade business to Atlas Holdings; the deal value was not stated in the article.
Barlotti Srl, a 30-year-old industrial distributor in Sala Bolognese near Bologna, joined the Rubix Group through its Minetti Spa brand in March 2020. The announcement is dated March 24, 2020.
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.
Nanjing TICA Thermal Technology formalized the acquisition of the operational branch of Italian ORC maker EXERGY from the Maccaferri Industrial Group, following a September 2019 auction. The new company will operate as EXERGY International S.R.L. near Milan.
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.
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.
German group Continental completed the takeover of Merlett Tecnoplastic, a Daverio, Italy plastics manufacturer with about 510 employees, which becomes part of its ContiTech division. The handover ceremony was held in Varese on 9 November 2019.
CLECA SpA, a maker of dessert preparations and bouillon cubes, announced the acquisition of Bottoli Industria Panificazione, a bakery producer in Mantua, Italy, on November 5, 2019.
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.
Orienta Partners, an investor in Italian SMEs, acquired 100% of Virosac, a leading Italian producer of waste and food storage bags based in Pederobba, from private equity fund Alto Capital III and DVR Capital. Virosac had 2018 revenue of 39.7 million euros.
Antares Vision S.p.A. executed the acquisition of FT System S.r.l., an inspection and control systems company controlled by Arol, for the bottling and packaging sector, alongside an industrial partnership agreement. No value was disclosed.
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.
Interpump signed a binding agreement to acquire 100% of Reggiana Riduttori through a share exchange, based on an agreed enterprise value of EUR 125 million. Closing is expected by end of 2019, subject to due diligence.
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.
Minetti SpA, a Rubix Group brand, has acquired Brescia-based industrial components distributor Fluidmec SpA under an agreement signed on 31 July 2019, combining know-how in pneumatics, hydraulics, automation and seals.
CERTINA is acquiring Pibiviesse, the long-cycle upstream oil and gas engineered valve business of CIRCOR International, based in Milan, Italy. The business will be separated from CIRCOR and operated independently within the CERTINA Flow Control division.