Entry in new business through acquisition in ...

Entry in new business through acquisition in Italy

The Wipak Group - a division of Finnish Wihuri Oy - has acquired the Italian packaging manufacturer Bordi Carlo s.r.l. (Caorso, Italy).

The acquisition will enable Wipak Group to establish and further develop a strong platform to meet the growing demand of premade stand up pouches that integrate a wide variety of styles and convenience features. The company expects the integration to yield wide-ranging synergies in the product and service spectrum.

There will be no change in management at Wipak Bordi as Marco Reggi will continue to steer the company's affairs.

The Wipak Group is part of the Finnish Wihuri Group. Wihuri is a global industry and trade conglomerate engaged in packaging, wholesale of food products, technical trade and aviation.

Wihuri Group´s turnover in 2011 was €1.7bn and the group employs about 4,900 people.
Source: The Wipak Group
Italy Caorso


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