Company News23 February 2022
ILPRA acquires 30% stake in MACS to expand flexible packaging solutions
ILPRA is expanding its packaging portfolio through a strategic 30% acquisition of MACS, entering the growing doypack and flexible packaging market.
ILPRA expands through strategic acquisition
ILPRA has signed a binding agreement for the acquisition of 30% of the share capital of MACS. It is a Bologna-based company active in the production and sale of packaging machines, mainly in the food, pharmaceutical and home & personal care sectors, with applications in flexible packaging, in particular for doypack bags and in the packaging of chocolate.
“The operation is highly strategic for the group, as it allows us to expand the range of products, entering a new and strongly growing market segment, such as that of doypack and flexible packaging,” commented Maurizio Bertocco, president and CEO of ILPRA."
The closing of the transaction (carried out exclusively through the use of ILPRA’s own resources) is expected by April 2022.
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