MILAN, March 28 (Class Editori) — Angelini Industries strengthens its position in China by acquiring 100% of Fameccanica. With over 1,200 machines delivered worldwide, more than 600 active patents and 700 employees in its three production sites in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai) and the US (West Chester, OH), Fameccanica designs and develops technologies, robotics and services for the industrial production of FMCG (Fast-Moving Consumer Goods) products, sustainable packaging, handling and automated recognition for logistics and digital services dedicated to process optimization, with a constant focus on sustainability and continuous innovation.
Angelini Industries reached an agreement with P&G for the acquisition of 50% of Fameccanica, until now an equal joint venture between the two companies. The agreement aims to consolidate the path of growth and diversification of Angelini Industries, increasingly active in the field of industrial technology, thanks to Fameccanica's skills and know-how, which will maintain its leadership under the guidance of Alessandro Bulfon.
As stated by Sergio Marullo di Condojanni, CEO of Angelini Industries: "This is an important step towards diversification and internationalization of Angelini Industries. With the acquisition of Fameccanica we want to further invest in a sector with great potential for development and in which our country boasts extraordinary skills. We believe that automation, innovation and robotics will increasingly be at the core of the profound change in industrial processes and will therefore represent for our Group a great opportunity to grow".
According to Alessandro Bulfon, General Manager of Fameccanica: "The transaction opens a new stage in Fameccanica's history, strengthening its strategy of growth and its leadership in the disposable hygiene products sector, our historical stronghold, while providing further impetus to our diversification plans. I would like to thank P&G, which has participated in the growth and development of Fameccanica and will remain one of our key clients on all reference markets".
Today, Fameccanica designs and develops products, solutions and services to improve automation and production processes for a wide range of products, such as disposable absorbent products for personal hygiene, personal and home care products, pods and single-dose detergents, disposable first aid devices and products (i.e., plasters), liquid bottling, sustainable packaging and robotics for the handling and automatic recognition of packages (e-commerce logistics).
Angelini Industries is a multinational industrial group founded in Ancona in 1919 by Francesco Angelini. Today it is a solid, well-structured industrial company employing about 5,700 people and active in 26 countries around the world with revenues of 1.7 billion euros.
Angelini Industries operates in the pharmaceutical, consumer goods, industrial technology, perfumery and dermocosmetic products, and wine sectors. The Group is committed to reducing its environmental impact and to finding increasingly avant-garde solutions in terms of circular economy. It adopts the most advanced health and safety standards for workers and the most rigorous processes to ensure the highest quality by verifying the entire supply chain: from supplier certification to the control of raw materials, from the production process to the finished product and packaging, to sample checks at the point of sale.
Source:Class Editori
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.
A single purchase
