Established in 1961, Andolfi is a renowned player in the extrusion and conversion of flexible packaging. The company specialises in mono material polyethylene solutions, which are experiencing significant growth due to their recyclability properties. Andolfi stands out for its deep expertise in innovative packaging and its longstanding reputation for product quality and reliability.
We believe the acquisition further enhances Carton pack’s footprint in sustainable products while vertically integrating flexible film extrusion capabilities. This strategic move broadens Carton Pack’s technological portfolio and creates opportunities for material cost synergies in the medium term. This marks another step in Carton Pack’s strategy to become a leading European food packaging specialist with a mutli material product offering.
Gianni Leone, CEO of Carton Pack, commented: “Integrating Andolfi into our group is a natural step in our strategic journey. This acquisition not only strengthens our technology portfolio but also broadens our development opportunities in a sector that is constantly evolving. It enables us to optimise processes and enhance our innovation capabilities, with an increasing focus on sustainability and operational flexibility.
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The acquisition has been welcome by Andolfi’s CEO , Alessandro Andolfi: “Joining Carton Pack represents an outstanding opportunity to leverage our experience and continue innovating in the flexible packaging sector. This partnership allows us to combine our expertise and strengthen our innovation capabilities. Together, we will continue to develop cutting-edge solutions while maintaining the high standards of quality and reliability that define us”.
Carton Pack was advised by Alpeggiani Avvocati Associati on legal matters, Spada&Partners on tax and accounting matters, and ERM on environmental and health & safety matters.
Andolfi&C. was advised by Bonelli Erede as legal advisor and Marcap as financial advisor.
