Bain Capital-backed Fedrigoni completed the acquisition of Industrial Papelera Venus.

Bain Capital-backed Fedrigoni, a global producer of special papers, high value-added products for packaging and graphics, and self-adhesive labels, completed the acquisition of Industrial Papelera Venus, a Mexican producer and distributor of self-adhesive materials. Financial terms were not disclosed. “This move is in line with our growth strategy in the increasingly promising self-adhesive labels sector, which also includes the recent acquisition of Ritrama, and is consistent with our plan to diversify our market penetration geographically. The new entry will allow us to increase our production capacity, broaden our offer, create favourable procurement synergies, reinforce our presence in Central and South America and expand our market in the southern USA, areas we are very interested in,” Marco Nespolo, Fedrigoni Group CEO.