Altopack acquires all shares of GammaPack

Building on a successful partnership that has been in place for several years, Altopack (Altopascio, Tuscany) has completed the acquisition of all the shares of GammaPack, a Romagna-based company specialising in the production of vertical and horizontal cartoning machines, designed for the complete packaging of bulk products (seeds, feed, rice, cereals, pasta, flour, sugar and coffee), with about 600 plants sold since 1989.

The operation is part of Altopack’s expansion strategy in sectors where it can offer its packaging solutions.
The complementary machinery portfolio and partial diversity of the customer base has already brought benefits for both companies. GammaPack has reported 50% growth in sales, enabling Altopack to set its sights on a year-end target of €20 million revenue. 
Growth through external channels, therefore, relying on mutual respect and willingness to share knowledge, but also on the reputation gained by GammaPack in 30 years of activity: all elements that will facilitate brand enhancement and integration.