In a strategic move to expand its product portfolio and market reach, the Multivac Group has acquired 80 per cent of the shares in Italian Pack S.p.A., a leading manufacturer of automatic and semi-automatic packaging machines based in Como, Italy.
The acquisition, which came into effect on 17 July 2024, positions Italian Pack as a new business unit within the Multivac-organisation under the leadership of Tomaso Petrini, the current Managing Director of Italian Pack. Christian Traumann, CEO of the Multivac Group, commented on the acquisition and stated that the Integration of Italian Pack products significantly expands Multivac's offering will.
„With this acquisition, we are expanding our portfolio to include traysealers in the lower and medium price segments as well as fillers and peripheral equipment such as denesters and lidding machines,“ said Traumann. „These new solutions will enable us to respond even better to our customers“ needs in the future."
Italian Pack will continue to serve its customers in the craft and SME sector through its independent dealer network, which will continue to be responsible for the distribution of Italian Pack solutions. At the same time, the Multivac subsidiaries will continue to distribute the Multivac product portfolio. „Through the merger, we will be able to utilise our respective Strengthen market positions and achieve greater market coverage as a group achieve,“ said Traumann.
„Following the successful cooperation of recent years, we are delighted to become part of the Multivac Group. This will enable us to utilise our strengths for the benefit of our customers and expand our business activities.“
Tomaso Petrini
The two companies have a history of successful collaboration In August 2021, Multivac Group and Italian Pack entered into a strategic cooperation agreement that added traysealers to Multivac's product portfolio. This long-standing partnership laid the foundation for the recent acquisition and the Integration of Italian Pack into the global activities of Multivac. The acquisition of Italian Pack by Multivac promises significant synergies that will enhance the capabilities and market reach of both companies and ultimately lead to better solutions and services for their customers.
Source: Multivac
