Scatolificio del Garda Embraces New Growth Phase with FIAF Investment
Deal News | Jan 13, 2025 | Finance Community IT - 3 Private Equity
Fondo Italiano d'Investimento SGR has acquired a majority stake in Scatolificio del Garda, an Italian company specializing in paper-based and sustainable disposable packaging for food and beverages. The transaction, facilitated through the Fondo Italiano Agri&Food (FIAF), aims to support Scatolificio del Garda's growth, with a focus on international expansion, product line expansion, and investments to enhance production capacity and efficiency. Luca Sandri, the current CEO and President, will continue to lead the company, alongside Stefano Zardini as the General Manager. Support for the transaction was provided by various financial, legal, strategic, and environmental advisors, including PwC and EY. The completion of the transaction is expected by April 2025, contingent on regulatory approvals.
Sectors
- Private Equity
- Packaging Industry
- Agri-Food Industry
Geography
- Italy – Both Fondo Italiano d'Investimento and Scatolificio del Garda are based in Italy, with operations and expansions focusing on the Italian and international markets.
Industry
- Private Equity – The article discusses an acquisition by Fondo Italiano d'Investimento through its Agri&Food fund, highlighting the role of private equity in strategic business growth and expansion.
- Packaging Industry – Scatolificio del Garda operates within the packaging industry, focusing on eco-friendly and sustainable products for the food and beverage sector.
- Agri-Food Industry – The investment aligns with Fondo Italiano's focus on supporting high-quality companies in the agri-food supply chain, underscoring its importance to the sector.
Financials
- 45 million euros – The revenue of Scatolificio del Garda, with approximately a quarter generated internationally.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Scatolificio del Garda | Target Company | Company | An Italian company producing paper-based, sustainable packaging for food and beverage sectors. |
| Fondo Italiano d'Investimento SGR | Bidding Company | Company | An Italian private equity firm investing in high-quality companies, particularly through its Agri&Food fund. |
| Luca Sandri | CEO & President of Scatolificio del Garda | Person | Retains his leadership position post-acquisition. |
| Stefano Zardini | General Manager | Person | Continues in his current role supporting company operations. |
| PwC | Financial & Tax Due Diligence Advisor | Company | Provided financial and tax due diligence services for the transaction. |
| EY | Financial Advisor to Scatolificio del Garda | Company | Advised Scatolificio del Garda and its shareholders during the acquisition process. |