Bain Capital Private Equity has 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, as the company says in the press release received by Lesprom Network.
“In 130 years of history, the Fedrigoni family has fully supported the growth and development of its eponymous business, reaching a leadership positioning in European specialty papers and labels. Capitalising also on its recent foreign acquisitions in the U.S.A. and in Brazil, today Fedrigoni is an international player requiring additional resources to support its global ambitions,” said Alessandro Fedrigoni, Chairman of Fedrigoni.
The transaction remains subject to approvals by competent regulatory authorities.
Established in 1888 and headquartered in Verona, Italy, Fedrigoni is internationally recognised for its high-quality product range and customer service. In 2017, the Company is expected to generate sales of approximately Euro 1.1 billion. It has manufacturing facilities in Italy, Spain and Brazil and a global distribution network, with more than 2,700 employees.