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.
Atlas Copco acquired 100% of Eurochiller, a Mortara, Italy industrial cooling and heat treatment systems maker with about 90 employees and roughly EUR 26 million revenue in 2018. Alantra advised the seller Bravo Invest.
Dutch TSS, part of Canadian Constellation Software, has bought RTS Remote Terminal System, a software house in Forlì, Italy, that serves the corrugated cardboard sector. The deal was made official a few weeks before CCE International in March 2019.
Italian machinery group CFT acquired the entire share capital of Siapi S.r.l., a maker of two-stage stretch blow-molding machines, for EUR 3 million plus a possible earn-out of up to EUR 2.4 million. Siapi recorded revenues of about EUR 11 million in 2018.
Italian transport firm Gruber Logistics took over the transport and logistics activities of Garda Plast, a PET preform and bottle producer, under a Fourth Party Logistics (4PL) contract. The article is dated 25 April 2019.
SAMOA Industrial, headquartered in Gijón, Spain, acquired Italian manufacturer Larius Srl, which makes transfer pumps, paint spray equipment and extrusion systems. The deal was announced on 12 April 2019.
The Mainetti Group announced its acquisition of Reca Group, a global apparel labelling and packaging company founded in 1960 in Carpi, Italy. Reca will continue under General Manager Paolo Diacci.
Pietro Fiorentini completed the acquisition of a majority stake in TIV Valves Srl, a ball valve maker based in Rescaldina, Milan, on 5 April 2019; the company reports the first year after the deal as successful.
Dover Corporation sold the entire share capital of Finder Pompe S.r.l., a pump maker based in Merate, Italy, to Gruppo Aturia S.p.A. Equity Factory advised Dover. The transaction totals $24 million.
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.
Ardian signed a binding agreement to acquire 100% of Celli S.p.A., an Italian beverage solutions company based in Rimini with 2018 turnover of €110 million, from Consilium and the Celli family. Senior management will reinvest.
Total Specific Solutions (TSS) has acquired Italian software vendor Remote Terminal System Srl (RTS), which provides ERP software for corrugated packaging manufacturers. The announcement is dated 4 February 2019.
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.
Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.
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.
NB Renaissance Partners signed a binding agreement to acquire control of Hydro Holding, a European hydraulic fittings producer, taking an 80% stake while founding families keep the rest. The seller is Mandarin Capital Partners.
Xenon Private Equity, via its Xenon Private Equity VI fund, bought 100% of Emmeti, Mectra, Sipac and Logik, creating EMS Group, a maker of palletizing, depalletizing and conveyor lines based in Italy. The deal was reported on 28 November 2018 and no value was disclosed.
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.
Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.
Oxy Capital agreed to take an 80% stake and operational control of Italian flexible plastic packaging maker Gruppo Manuli Stretch, with Credito Fondiario providing a 12 million euro super-senior loan. The group will be renamed Gruppo M Stretch.
CFT Group acquired a majority shareholding in CO.MAC S.R.L., which designs and makes beverage filling and packaging machines, especially for beer kegs. The deal extends CFT's beverage portfolio.
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.
Nidec Corporation acquired 100% of CIMA S.p.A., a Vicenza-based maker of commercial motors for ventilation and fans, on July 2, 2018. The deal strengthens Nidec's European commercial motor business.
OMRON Healthcare Europe announced the acquisition of privately held 3A Health Care s.r.l., an Italian maker of aerosol therapy devices and surgical aspirators, under an agreement signed June 29, 2018. No deal value was 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.
Danfoss A.S. is planning to acquire Italy's Alfagomma Group to expand its fluid conveyance market share in Europe. The article's headline names a different company pair, so the details are uncertain.
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.
Bain Capital Private Equity finalised its acquisition of Italy's Fedrigoni group, valued at slightly above 600 million euros, after EU clearance in February 2018; a Fedrigoni family member keeps a 10% stake.
Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.
Sun Hydraulics agreed to acquire Faster Group, a Milan-based maker of quick-release hydraulic couplings, from Capvis Equity IV and co-investors for €430 million (about $531 million) in cash. The deal is expected to close in the second quarter of 2018.
Investindustrial agreed to acquire a 97% stake in CEME Group S.p.A., a manufacturer of pumps, valves and flow meters based near Milan, from Investcorp, with management keeping 3%. Closing is expected in the coming months subject to antitrust approvals.
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.
Landi Renzo and Clean Energy Fuels will combine their compressor manufacturing subsidiaries into a new standalone company, with Landi Renzo owning 51% and Clean Energy 49%. Closing is anticipated before the end of 2017, and the combined company will be headquartered in San Giovanni Persiceto, Italy.
Japan's Nidec Corp acquired a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer, reported in World Pumps' Q3 2017 review.
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.
WIKA acquired SAMI Instruments, an Italian supplier of needle valves and manifolds for instrumentation, at the end of October 2017.
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.
Spanish group Fluidra announced the acquisition of 90% of Agrisilos, the Cremona company that owns the Piscine Laghetto brand, which makes above-ground pools. Agrisilos has about 30 employees and sells mainly in Italy and France.
Treviso-based food equipment maker Irinox plans to acquire two adjacent industrial sites in Vittorio Veneto, previously occupied by woodworking firm La San Giuseppe, and to grow headcount from 250 to over 300 by 2019 as it doubles production space.
Triton funds partnered with Bormioli Luigi to purchase the pharma division of Bormioli Rocco, a pharmaceutical primary packaging maker currently owned by Vision Capital.
Italian glassmaker Bormioli Luigi S.p.A. partnered with Triton funds to buy the tableware division of Bormioli Rocco, which is 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%.
Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer. The article is dated 1 July 2017 and gives no price.
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.
Soga Energy Team formalized its acquisition of CMZ Sistemi Elettronici Srl, a Vascon (Treviso) maker of industrial motion control electronics, drives and motors, on June 28, 2017.