Fedrigoni Becomes Jointly Owned By Investment Firms Investment firms Bain Capital Private Equity and BC Partners have entered into a joint ownership agreement for Fedrigoni, a producer of self-adhe- sive labels and fiber-based packaging products. Bain Capital acquired Fedrigoni in 2017. Under Bain Capital’s ownership, Fedrigoni has more than doubled Adjusted Sales and nearly tripled Adjusted EBITDA through a combination of organic growth acceleration and M&A execution. This new partnership will support Fedrigoni’s management team as it looks to build on its suc- cessful track-record of M&A. BC Partners’ portfolio companies have executed more than 400 add-on transactions over the last decade. Together with Bain Capital, the Fedrigoni Group has carried out a transformation that rested on five pillars: a distinctive and premium offering; superi- or customer intimacy and experience; operational excellence; attraction of the best talent and devel- opment of its 4,500 people, while creating an inclu- sive and safe environment; acceleration in acquisi- tions aimed at geographical expansion and product portfolio diversification. Fedrigoni has also embedded sustainability into its business strategy, including ongoing efforts to re- duce its environmental impact and to support cus- tomers in tackling their transition toward ecological practices and an increasingly circular business. This includes research on increasingly sustainable mate- rials to the development of products to help brands in their plastic-to-paper transition, as well as the re- use of waste from customers’ production processes and the development of mono-material solutions. Through its 2030 sustainability roadmap, Fedrigo- ni committed to reduce by 30 percent its carbon emissions by 2030, and to reach carbon neutrality by 2050 in line with the Science-Based Targets Ini- tiative, with 95 percent recovered water and 100 percent industrial waste recovery across its opera- tions. This year it has received a Platinum EcoVadis sustainability rating. AF&PA Releases Packaging Paper Report The American Forest & Paper Association (AF&- PA), has released its June 2022 printing-writing and packaging papers monthly reports, which indicate shipments for both grades decreased compared with June 2021.
Web Blast
Reach thousands of potential customers by sending a targeted web blast to the entire online readership of Flexo Market News .
qxp_Layout 1 8/13/19 6:20 PM Page 1
To take advantage of this opportunity contact:
Greg Kishbaugh / 317-306-1060 / flexo@nvpublications.com
Robyn Smith / 910-553-4055 / rsmith@nvpublications.com
Get your company in front of the flexo industry’s key decisionmakers. Flexo Market News ’ readership is comprised of Presidents, Owners, VPs and General Managers of flexo operations — the key people who make decisions on equipment purchases. An ad in Flexo Market News is a direct sales meeting with thousands of the industry’s best thinkers and most influental leaders. Reach the Decisionmakers
(Cont’d on Page 13)
6 August 1, 2022
Made with FlippingBook - Online catalogs