Announced
Completed
Synopsis
Arcadia-backed Grafiche Favillini, a pharmaceutical packaging firm, completed the acquisition of Ideagrafica, a suppliers of cases and sheets illustrative for the pharmaceutical and nutraceutical sector. Financial terms were not disclosed. "Idea Grafica has reached excellent economic and industrial results over the last years. I think Grafiche Favillini represents an ideal partner to support a further growth in such a dynamic and demanding market. The combination of the two companies, both with a significant story of growth, will allow the new group to keep on investing in the future, thanks to its increasing size, always with a keen eye on sustainability and environment. The involvement of my family and my direct investment in the share capital of Favillini Group, show our commitment to the project and our trust in the future results," Laura Pettinari, Ideagrafica CEO.
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