Announced
Financials
Sources
Tags
Private Equity
Diversified Industrials
pet preforms
Italy
Friendly
Completed
Cross Border
Single Bidder
Acquisition
Private
Majority
Synopsis
Valgroup, a provider of flexible, laminated and rigid packaging products, completed the acquisition of Nuovaplast, a plastic fabrication company in Italy, from IGI Private Equity, a private equity firm. Financial terms were not disclosed. "With this operation we want to diversify the group's core business, also geographically, by expanding our presence in Europe," Luigi Geronimi, Valgroup President.
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