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.
ABB has won an order worth around $150 million to supply Azipod electric propulsion and related power technologies for five newbuild cruise ships for Fincantieri. The vessels, with 178 MW total propulsion power, will enter service between 2023 and 2026.
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.
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.
Puglia regional government approved Nuovo Pignone srl to present a definitive project for an investment of about €19.26 million at its Bari plant, with a regional grant of €6.74 million and four new jobs.
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.
FCA began producing solenoid valves at its Cento (Ferrara) engine plant for use in Siare ventilators, cutting Siare's production times by at least 30-50%. The article is dated April 3, 2020.
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.
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.
Alperia SpA opened a tender for supply and installation of four DN 900 PN 64 rotary valves at its Glorenza (BZ) hydroelectric plant in Italy, with a value of EUR 2,038,778 and a bid deadline of 10 March 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.
LVF S.p.A. is expanding its production site in Via Mazzini, San Paolo d'Argon, Italy, adding 4,805 square metres of covered area for a total of 11,245 square metres. Fibedil Srl was awarded the construction works.
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.
ACEA Produzione awarded RIEM Service S.r.l. a EUR 69,000 direct-award contract to supply and install three inverter compressors at the Tor di Valle power plant in Rome. The award was dated 4 December 2019.
Cook Compression, part of Dover, was awarded a multi-year contract by ISAB S.r.l, a Lukoil unit, to recondition and upgrade valves and actuators for 27 compressors at its Syracuse refineries. Cook also opened a satellite service center in Sicily to support the contract.
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.
The Marchesini Group invested €7 million to double the size of CORIMA's aseptic packaging machinery plant in Pianoro, Italy, adding 6,000 square meters. The 30 new technician and engineer jobs were announced with the factory's official opening.
Marchesini Group officially opened the new Siena factory of its CORIMA division, which makes machines for sterile drug packaging, in Monteriggioni, Tuscany, on October 19, 2019.
Solvay will increase production capacity of its Tecnoflon FKM peroxide curable fluoroelastomer by nearly a third at its Spinetta Marengo plant in Italy, with the extra capacity due by May 2021. The expansion serves demand from automotive, oil and gas, and semiconductor industries.
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.
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.
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.
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.
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.
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.