Announced
Financials
Sources
Tags
automotive
Majority
Acquisition
Cross Border
Pending
Single Bidder
Private
Turkey
Auto Parts
Friendly
Synopsis
Fedrigoni, a paper manufacturer, agreed to acquire UNIFOL, a PVC self-adhesives manufacturer. Financial terms were not disclosed. “UNIFOL is an extremely interesting technological player for us because it has developed innovative, resistant, long-lasting self-adhesives that can be used for 3D applications on large surfaces. This acquisition will allow us to make our offer more attractive and to continue our strategy to expand into promising segment, adjacent to those we are already present in, as we have previously done with our entry in the smart labels sector with the acquisition of the French company Tageos," Marco Nespolo, Fedrigoni Group CEO.
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