Corporate transaction: GS Italia SRL - Italianpack SPA
Marnate, 06/26/2024GS ITALIA SRL, a company specialized in industrial filling systems and food production lines, is pleased to announce the sale of its 51% share to ITALIANPACK SPA.This acquisition is an important step for the future of GS Italia, marking a development in terms of growth and turnover. Based on Italianpack’s existing dealer network, GS Italia has the opportunity to further expand its business worldwide.The geographical proximity and shared business values between the two companies will create important synergies, allowing both to benefit from each other’s specific know-how and expertise.The acquisition will allow Italianpack to integrate and expand its range of filling and packaging solutions, improving existing products and services and accelerating the development of new technologies. The result will be a stronger presence in current markets, offering added value to customers through an expanded range of innovative solutions.cItalianpack confirms that the business dynamics of GS Italia will remain unchanged in terms of products and organization, ensuring continuity and stability for customers, distributors and suppliers.The Scandroglio family will continue to maintain a governance role, ensuring the continuity of GS Italia’s corporate identity and tradition.“We are excited about the opportunities offered by this acquisition and are confident that, thanks to the collaboration and trust of all our stakeholders, we will be able to achieve even more ambitious goals.” Tomaso Petrini, CEO of Italianpack“The synergy between Italianpack and GS Italia will allow us to strengthen our position in the industry.” Cristiano Scandroglio, CEO of GS Italia.
