Italian group Fedrigoni, a leading producer of high-end specialty papers for luxury packaging and high-end labelling, has inked two new strategic deals: an industrial partnership with a specialty paper mill in China and the acquisition of an R&D Centre in Grenoble, France. Both operations were formerly part of the Arjowiggins Group.
The first transaction is aimed at strengthening its presence in the Asian market. It consists in a manufacturing partnership with a specialty paper mill,.
Over the past four years, Italian group Fedrigoni purchased no less than ten companies in strategic geographical areas and business segments to confirm its positioning as an essential player in luxury packaging and high-end labelling. The latest is French company Zuber Rieder, a specialist of innovative fine paper available from stock or tailor-made.
“Despite the turbulence on raw material markets and the much increased costs of all production factors, which jeopardized many segments, we.
Fedrigoni Group has agreed yet another buy, which will give the business a dominant presence in the worldwide market for premium papers for wine and spirits.