KKR invests in CMC Machinery and acquires 70% of its capital

The US private equity fund KKR has formalised the closing of its investment in CMC Machinery (Città di Castello, PG), a leading Italian producer of automated packaging solutions. Under the terms of the agreement, KKR will acquire 70% of the capital while the remaining 30% will remain with the Ponti family, who will continue to run the company.

Founded in 1980, CMC Machinery is a premium provider of innovative e-commerce 3D on-demand packaging, using advanced end-of-line technology to improve environmental impact by reducing the consumption of packaging materials.

The innovative CartonWrap machine supplied to Amazon in 2019 is able to produce tailor-made packaging, thereby significantly reducing cardboard and plastic waste, cutting product transport costs, and having a significant positive impact on the environment.

“We are very pleased to have KKR on board as an investor with a shared vision to inspire the future of packaging and e-commerce,” said Giuseppe Ponti, Founder, President and Strategic Business Development Director of CMC Machinery. “With KKR’s support, we are excited to continue on our journey, expanding our operations which will remain firmly rooted in the Umbria region to address an increasingly global market with sustainable packaging solutions.”

The company employs a team of about 200 people, with founder Giuseppe Ponti’s sons, Francesco and Lorenzo Ponti, serving as CEO and COO respectively.