Piber acquires Europack from Cuki Cofresco
Deal News | Jan 31, 2025 | Legal Community Italy
The Italian group Piber has acquired complete control of Europack from Cuki Cofresco, an Italian subsidiary of the Melitta Group. Europack specializes in the thermoforming of plastic containers for food packaging aimed at the horeca and large-scale distribution sectors. Cuki Cofresco received advisory services from Pwc Tls for negotiation and tax matters, with a team led by director Marco Messina and manager Ilario Azzollini, under the coordination of partner Simone Marchi. Legal aspects were handled by Rass Law Firm Rinaldi and associates, represented by attorneys Franco Groppi and Cosimo Di Bitonto.
Sectors
- Packaging
- Legal Services
Geography
- Italy – All companies involved, including Piber, Cuki Cofresco, and the advisory firms, are based in Italy.
Industry
- Packaging – Europack is involved in the thermoforming of plastic containers for food packaging, a segment within the packaging industry.
- Legal Services – The transaction involved legal and fiscal advisory, engaging companies such as Pwc Tls and Rass Law Firm.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Piber | Bidding Company | Company | Acquirer of Europack, expanding its capabilities in food packaging. |
| Europack | Target Company | Company | Specializes in thermoforming plastic containers for the food packaging sector. |
| Cuki Cofresco | Selling Company | Company | Italian subsidiary of the Melitta Group, selling its complete control of Europack. |
| Pwc Tls | Legal Advisor | Company | Provided negotiation and tax advisory services to Cuki Cofresco. |
| Rass Law Firm Rinaldi and Associates | Legal Advisor | Company | Provided legal advisory services to Cuki Cofresco. |