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Fri, Mar 1, 2024 20:37
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Antalis acquires Italian packaging company Tecnoprimaf

Antalis has acquired Tecnoprimaf, specialised in the manufacturing and distribution of wooden packaging and anti-corrosion solutions for industrial business customers. With consolidated sales of Euro 26 million in 2023 and a total of 80 employees, Tecnoprimaf operates from 5 sites in Italy, with main operations in Modena.

Thanks to this acquisition, Antalis becomes the market leader in bespoke packaging solutions for the Italian market.

Antalis, already well established in Europe, continues to expand its presence in the Packaging market following the 2024 acquisition of the Portuguese market leader 100 Metros at the beginning of the year, followed by the signing of a binding agreement to acquire the Pakella Group in Latvia, Lithuania and Estonia.

Commenting on the acquisition, Hervé Poncin, Chief Executive Officer of Antalis, said: "The acquisition of Tecnoprimaf is a fantastic opportunity. Tecnoprimaf already supplies complementary products to some of our key accounts customers. By combining the offer of our two Italian companies, we are broadening our offer to our strategic customers. Wood converting is essential for penetrating certain markets and requires specific know-how and equipment. The same applies to anti-corrosion / VCI solutions."

With activities in Europe, Latin America and North America, Antalis is a leading B2B distributor of products and services with breakthrough e-commerce solutions in Papers, industrial Packaging and Visual Communication media.

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