Entangled Capital SGR

F.B.L. Food Machinery, controlled by Entangled Capital Sgr, acquired Bondani, an Italian packaging machinery company. The acquisition integrates Bondani's technology and clients, boosting F.B.L.'s revenue to over €15 million.

Entangled Capital SGR, through its EC I fund, acquired a 70% stake in F.B.L. Food Machinery, an Italian manufacturer of food packaging machinery, on February 1, 2023. The company had a turnover of about €10 million in 2022.