Fedrigoni has completed the acquisition of the Ritrama group, bringing to an end a process that was first announced in October of last year.
The aqcuisition of Ritrama, an Italian multinational specialising in self-adhesive products, is intended to reinforce Verona-based Fedrigoni’s position as one of the top players in the European pressure sensitive labels market, in which it operates through the Arconvert and Manter brands.
The move combines Fedrigoni’s experience in the production of labels for the food and drink, household and logistics sectors with the self-adhesive technologies of Ritrama.
‘Our Pressure Sensitive Labels segment, which is already showing very positive results, will now be larger, broader and more competitive,’ said Fedrigoni CEO Marco Nespolo. ‘In a market that continues expanding in all segments and geographies, on a global level. Ritrama has a healthy, truly Italian, yet international, DNA, just like us.’
‘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,’ added Fulvio Capussotti, executive vice president, pressure sensitive labels. ‘The Fedrigoni PSL business unit is a leader in value-added labeling solutions, and with Ritrama we are further delivering on this vision.’
Fedrigoni’s enlarged portfolio of solutions will be already on display at Drupa 2020.
