MULTIVAC Group acquires majority stake in Italianpack S.p.A., expanding packaging-machine capabilities
By MULTIVAC Canada
GeneralPortfolio expansion in traysealing
Wolfertschwenden, Aug. 1, 2024 – On July 17, 2024, the MULTIVAC Group acquired an 80 per cent majority stake in Italianpack S.p.A., a manufacturer of automatic and semiautomatic packaging machines, headquartered in Como, Italy. Italianpack will be incorporated into the MULTIVAC organization as a new Business Unit under the leadership of Tomaso Petrini, CEO of Italianpack.
“This acquisition expands our portfolio in traysealers in the bottom- and medium-price segments, in fillers and in peripheral equipment, such as denesters and lid depositors,” explained Christian Traumann, Group President (CEO) of the MULTIVACÂ Group. “These new solutions will allow us to cater to customer needs more effectively in future.”
Tomaso Petrini, CEO of Italianpack, added: “Having already collaborated successfully in recent years, we are now looking forward to better utilizing our strengths to benefit our customers and to expanding our business activities as part of the MULTIVACÂ Group.”
Continuity in sales
Italianpack uses an independent dealer network to reach its customers from small and medium-sized companies, which will also take over future sales for Italianpack solutions. At the same time, the MULTIVAC subsidiaries will also take over sales in the MULTIVAC portfolios. “The merger enables us to strengthen our current position on the market and achieve greater market coverage as a group,” said Christian Traumann.
The two companies have already successfully worked together for several years: In Aug. 2021, the MULTIVACÂ Group formed a strategic cooperation agreement with Italianpack, allowing them to add to their product portfolio in traysealers.
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