Carton Group acquires Europoligrafico
Carton Group, the leading company in the packaging sector controlled by the private equity company, Waterland, has acquired 100% of the Verona-based company, Europoligrafico, specialised in innovative and high-quality packaging solutions with a turnover of 60 million euros and 210 employees working in the two Italian production sites.
The acquisition, the closing of which is expected in autumn 2023, is a decisive step in the growth strategy of Carton Group, which aims to become a European leader in the supply of quality packaging services.
Owned by the private equity company, Waterland, which boasts a track record of over 1000 investments and 14 billion of managed assets, Carton Group has embarked on a solid buy&build strategy, drawing up a growth plan that looks at both the Italian and European market with the aim of forming a multinational network of consumeroriented packaging specialists.