Cartonpack Group, a prominent provider of packaging solutions for the fresh produce and food sectors, has announced its acquisition of Agrypack S.r.l., a Verona-based distributor of packaging solutions within the agri-food industry that has been operating since 1992.
This acquisition marks a significant advancement in Cartonpack’s growth strategy, designed to enhance its commercial and operational presence in Northern Italy while broadening its integrated packaging offerings for clients in the fresh produce and food markets.
Having established a long-term partnership with Agrypack, Cartonpack shares a relationship grounded in mutual trust and shared expertise. The integration of Agrypack’s business unit into Cartonpack signifies a natural progression of their collaborative efforts, allowing for improved operational efficiencies and a more formidable local footprint.
Continuity in leadership will be a priority post-acquisition, with Simone Turrini continuing to lead Agrypack, thus ensuring stable management and maintaining strong relationships with both customers and partners.
Additionally, the acquisition includes a strategic development plan for Agrypack’s historical facility, which aims to expand its operations across two logistics and production sectors. This move will further bolster operational capabilities and elevate service standards.
Simone Turrini, CEO of Agrypack, stated: “This transaction formalises a long-standing collaboration with Cartonpack, built over many years on a shared strategic vision. Joining the Group will allow us to build on the work carried out to date, while leveraging a broader industrial platform to support future growth and continue delivering high-quality service to our customers.”
Giuseppe Leone, CEO of Cartonpack Group, remarked: “The acquisition of Agrypack’s business unit reinforces our presence in Northern Italy and solidifies a partnership that has created considerable value over time. This move enables us to enhance our industrial platform with local market knowledge and strong commercial capabilities, ensuring improved customer service and proximity.”
Through this acquisition, Cartonpack continues to strengthen its regional presence and vertical integration, aligning with the broader objectives of its development strategy.
Cartonpack received legal counsel from Alpeggiani Avvocati Associati, with Spada & Partners providing accounting and tax advisement, and ERM advising on environmental, health, and safety matters.
