Fedrigoni has completed its acquisition of Ritrama, an Italian multinational group specialising in self-adhesive products.
Fedrigoni focuses on the production of specialty papers and high value-added products for packaging, fine printing and self-adhesive labels. It operates 16 locations in Italy, Spain, Brazil and the US, and has more than 25,000 SKUs in its catalogue. The group sells and distributes in 130 countries all over the world. Ritrama has manufacturing facilities in Italy, Spain, the UK, Chile and China. The preliminary sale agreement was signed in October 2019.
The closing of the transaction creates another major European player in the field of pressure-sensitive labels. The diversified product offer now combines Arconvert and Manter, made with special papers, to Ritrama’s advanced technological expertise applied to self-adhesive plastic films.
Fedrigoni intends to continue to invest in Arconvert and Ritrama’s high value-added self-adhesive products. The enlarged portfolio will be on display at drupa 2020.
Fedrigoni Group CEO Marco Nespolo commented, ‘Our pressure-sensitive labels segment, which is already showing very positive results, will now be larger, broader and more competitive, in a market that continues expanding in all segments and geographies, on a global level.’
Fulvio Capussotti, executive vice president, pressure-sensitive labels, Fedrigoni Group, added, ‘We are very proud that the combination of Arconvert and Ritrama’s expertise will provide our customers with an unrivaled set of solutions that will allow them to offer the next generation of pressure-sensitive labels for packaging decoration. The Fedrigoni pressure-sensitive label business unit is a leader in value-added labelling solutions, and with Ritrama we are further delivering on this vision.’
