Announced
Financials
Tags
Acquisition
Paper
Pending
paper and packaging
Private
paper manufacturing
Italy
Majority
Friendly
Cross Border
Single Bidder
Private Equity
Synopsis
Portals, a UK-based supplier of banknote and security paper, agreed to acquire the security business of Fedrigoni, a producer of specialty papers and high value-added products for packaging, graphics and self-adhesive labels, for $30.6m "We look forward to the completion of the transactions and to welcoming Fedrigoni’s skilled and experienced Bollate team to Portals as we continue to develop a leading, integrated security paper business. This transaction will enable Portals to develop and deliver more quickly and efficiently, the leading security products our customers require," Ross Holliday, Portals CEO.
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