Natur-World begins merger with SIPA Management

Natur-World, a leading Italian company in the bioplastics and smart materials sector, has initiated the process of industrial integration with SIPA Management, a company specialising in the green packaging market.

The merger marks the culmination of a close working relationship that began in 2016 and has now resulted in a new company with branches in Genoa and Milan, more than 70 employees and a projected 2021 turnover of around €20 million.

“We consider this to be a strategic operation for Natur-World, particularly given SIPA’s profile and its positioning in the green market,” said Gian Luca Greco, Chairman and CEO of Natur-World. “Given the complementary nature of the two businesses, we plan to combine their capabilities while maintaining their respective areas of excellence and preserving SIPA’s resources and industrial continuity.”

The main focus of the business plan is in fact on the development of synergies rather than purely growth in volumes.

With more than 20 years of experience in the field, Natur-World offers innovative tailor-made solutions capable of replacing traditional plastics across a range of sectors including retail, hospitality, food, fashion, medical, automotive and cosmetics.

Image credits: Natur-World