The Fedrigoni Group, premium labels and self-adhesive materials, announces the acquisition of Divipa.
With this acquisition - the fifth in two years in the Self-Adhesives sector after the Italian Ritrama, the Mexican IP Venus and Ri-Mark and the American Acucote - the Group further strengthens its position as the third player in the world for self-adhesive materials, where it operates through several brands such as Arconvert, Manter and Ritrama. Fedrigoni is the main producer of wine labels and plays a major role in high-tech self-adhesive labels and films for food, pharmaceutical, automotive, personal and home care sectors and many more.
Expand Global Presence with Targeted Acquisition
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The entry of Divipa into the Group is a new milestone in our growth path in the world of self-adhesive materials,” said Marco Nespolo, CEO of the Fedrigoni Group. “
We have not taken one step backwards in moving our strategic plan forward: broadening the offer in attractive segments and expanding our global presence, also via targeted acquisitions, to obtain a direct stronghold in all the main geographical markets. We extend a welcome to our Divipa colleagues who are joining our 4,000 people,” added Nespolo.
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With the acquisition of Divipa, which joins the two self-adhesives production units we already have in Spain, we continue our expansion in the increasingly promising sector of self-adhesive materials,” said Fulvio Capussotti, executive vice president of Fedrigoni Self-Adhesives division. “
This operation will allow us to increase production capacity and create numerous synergies in production and procurement,” added Capussotti.
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The Fedrigoni Group is a solid industrial reality expanding strongly at an international level, with ambitious development goals. I am pleased that my company and my people are becoming part of it, I am confident they will find the right ground to grow and consolidate significantly in the next few years,” said Jaime Alvaro Alvaro, the founder of Divipa.
Source: Fedrigoni