ROME
,
June 8, 2022
(press release)
–
The transaction, announced in March, was finally concluded following approval by the Antitrust Authorities. The acquisition by Angelini Industries - an Italian multibusiness industrial group operating in 26 countries with 5,700 employees - of 50% of Fameccanica has been finalized with the signing of the closing, following approval by the Antitrust Authorities of Romania, Bulgaria, and Italy. From 1992 until today, Fameccanica has been an equal joint venture between Angelini Industries and the US multinational P&G. Thanks to the agreement, announced last March, Angelini Industries owns 100% of Fameccanica, an international group specializing in Factory Automation. The company is a leader in the disposable hygiene products sector, with around 700 employees, 3 operating sites in Italy, China and North America, and revenues in excess of €200 million. The transaction represents the first step towards the creation within Angelini Industries of an ecosystem of companies dedicated to the design and development of technologies, products, and services aimed at improving production and industrial processes. Fameccanica will continue to be led by Alessandro Bulfon. Fameccanica With over 1,200 machines delivered worldwide, more than 750 active patents, and around 700 employees at its three production facilities in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai), and the United States (West Chester, OH), Fameccanica designs and develops technologies, robotics, and services for the industrial production of FMCG (Fast-Moving Consumer Goods) products, sustainable packaging, automated handling and recognition for logistics, and digital services dedicated to process optimization, with a constant focus on sustainability and continuous innovation. Founded in 1975, historically specialized in the design and production of production lines for FMCGs and a leader in the disposable hygiene products sector, it has constantly innovated over the years by developing new high-productivity technologies and digital services with high added value, becoming a key player in Smart Factory Automation. In 2021, it was the most innovative Italian company according to the EPO (European Patent Office) report, with 85 patent applications made. 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 automated package handling and recognition (e-commerce logistics). Fameccanica closed 2021 with revenues in excess of €200 million, more than 80% of which were generated through exports. *** Angelini Industries is a multinational industrial group founded in Ancona in 1919 by Francesco Angelini. Today, it represents a solid and well-structured industrial organization that employs around 5,700 employees and operates in 26 countries worldwide with revenues of €1.7 billion. Angelini Industries operates in the pharmaceutical, FMCG, industrial technology, perfumery and dermocosmetics, and wine sectors. An investment strategy focused on growth, a constant commitment to research and development, and in-depth knowledge of markets and business sectors make Angelini Industries one of the Italian companies of excellence in the sectors in which it operates. The group is committed to reducing its environmental footprint and finding cutting-edge solutions with a view to engaging in the 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, raw material control, the production process, the finished product and packaging, to spot checks at the point of sale. For 100 years, the Angelini family has guided the evolution of Angelini Industries with an entrepreneurial style typical of Italian family capitalism.
Angelini Industries acquires 100% of Fameccanica, an international company specializing in automation and robotics for the consumer goods industry, which until now has been an equal joint venture between Angelini Industries and P&G.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
