Bain Capital Private Equity, London, U.K., a global private investment firm, announced that it has signed a definitive agreement to acquire Fedrigoni, Verona, Italy, a global producer of specialty papers and self-adhesive labels. The Fedrigoni family will retain a minority stake in the business.

Established in 1888, Fedrigoni is internationally recognized for its high-quality product range and customer service. For 2017, the company is expected to generate sales of approximately EUR 1.1 billion. It has manufacturing facilities in Italy, Spain, and Brazil, and a global distribution network, with more than 2,700 employees.

Fedrigoni sells directly to its multinational customers, including fashion houses and fine wine producers, through its own distribution network. Its products include special papers for luxury packaging and labels for the food and beverage and pharma industries. 

 

"Fedrigoni is an exciting business with strong brands and differentiated offering in specialty products," said Ivano Sessa, a managing director at Bain Capital Private Equity. "We believe Fedrigoni has the potential to grow significantly, both organically and through acquisitions, and look forward to partnering with the management team to accelerate this as we have done in several other industrial global businesses. We are delighted to be building on our industrial and Italian franchise, following our recent investments in European finTyre Distribution and several others."  

Alessandro Fedrigoni, chairman of Fedrigoni, said that "in 130 years of history, the Fedrigoni family has fully supported the growth and development of its eponymous business, reaching a leadership positioning in European specialty papers and labels. Capitalizing also on its recent foreign acquisitions in the U.S. and in Brazil, today Fedrigoni is an international player requiring additional resources to support its global ambitions. We have found in Bain Capital the ideal investor to drive Fedrigoni into its next stage of global development given its deep industrial expertise, operational skills, and its worldwide pool of resources."

The transaction remains subject to approvals by competent regulatory authorities.

Fedrigoni is an international player in the production and sale of various types of papers and in particular high value added papers and self-adhesive items. It is a global supplier of self-adhesive wine labels and a European leader in the production and sale of special graphic papers. With more than 2,700 employees, 13 factories (nine in Italy, two in Spain, and two in Brazil) and more than 13,000 products in its catalog, Fedrigoni sells its products in more than 110 countries worldwide. 

More information about Fedrigoni is available online.

Bain Capital Private Equity has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984. The company has offices in Boston, New York, London, Munich, Mumbai, Hong Kong, Shanghai, Sydney, and Tokyo and has made more than 760 primary and add-on investments to date. In addition to private equity, Bain Capital invests across asset classes including credit, public equity, and venture capital, managing approximately $85 billion in total and leveraging the firm’s shared platform to capture opportunities in strategic areas of focus.

More information about Bain Capital is available online.