Bain Capital Private Equity Acquires Specialty Papers Producer Fedrigoni
Established in 1888 and headquartered in Verona, Italy, Fedrigoni has manufacturing facilities in Italy (9), Spain (2) and Brazil (2) and a global distribution network, with more than 2,700 employees.
Jan 4, 2018 - Bain Capital Private Equity on Dec. 23, 2017 announced that it signed a definitive agreement to acquire Fedrigoni, a leading global producer of specialty papers and self-adhesive labels. The Fedrigoni family will retain a minority stake in the business.
Established in 1888 and headquartered in Verona, Italy, Fedrigoni is expected to generate sales of approximately EUR1.1 billion. The company has manufacturing facilities in Italy (9), Spain (2) and Brazil (2) and a global distribution network, with more than 2,700 employees.
Fedrigoni sells directly to multinational customers, including fashion houses and wine producers, through its own distribution network. The company's products include special papers for luxury packaging and labels for the food and beverage and pharma industries.
“Fedrigoni is an exciting business with strong brands and differentiated offering in specialty products,” said Ivano Sessa, a Managing Director at Bain Capital Private Equity. “We believe Fedrigoni has the potential to grow significantly, both organically and through acquisitions, and look forward to partnering with the management team to accelerate this as we have done in several other industrial global businesses.”
The transaction remains subject to approvals by regulatory authorities.
To learn more about Fedrigoni, please visit: www.fedrigoni.com.