MULTIVAC to acquire a 25.1% stake in Italianpack.

MULTIVAC, a provider of packaging solutions, agreed to acquire a 25.1% stake in Italianpack, a packaging machine manufacturer. Financial terms are not disclosed. “Italianpack has been successful in the market for many years. We look forward to the cooperation in the traysealer business area so that we can make the best possible use of our respective strengths for the benefit of our customers,” Christian Traumann, MULTIVAC Managing Director.