Multivac Group acquires a majority stake in Italianpack

The operation, finalized on July 17, is the result of several years of collaboration between the two companies

The Multivac Group acquired an 80% majority stake in Italianpack, a manufacturer of automatic and semi-automatic packaging machines head-quartered in Como, Italy. Italianpack will be incorporated into the Multivac organisation as a new Business Unit under the leadership of Tomaso Petrini, CEO of Italianpack. 

The two companies, which have already successfully worked together for several years, are now looking forward to better utilising their strengths to benefit the international customers.

"This acquisition expands our portfolio in traysealers in the bottom and medium price segments, in fillers and in peripheral equipment such as denesters and lid depositors", explained Christian Traumann, Group President (CEO) of the MULTIVAC Group, global supplier of a wide range of packaging technology, automation solutions, labelling and marking equipment, inspection systems and packaging materials.

Italianpack, founded in 1988, currently employees 100 staff and uses an independent dealer network to reach its customers from small and medium-sized companies, which will also take over future sales for Italianpack solutions.