07.25.18
L Catterton, a global consumer-focused private equity firm, and Ambienta, a European private equity fund focused on sustainability, have joined forces to acquire Pibiplast, designers and manufacturers of beauty and personal care plastic packaging solutions, with headquarters in Correggio, Italy. The Bosi family, founder and current owners of the company, will retain a minority stake.
Founded in 1954, Pibiplast now operates four plants based in Northern Italy. Among the company’s latest investments are the installation of a complete varnishing and metallization line, in addition to the construction of the new Correggio plant, the extensions of the Milan factory and investments made in the Florence factory.
Pibiplast says it was a pioneer in transitioning from highly polluting materials in the 1990s, substituting non-recyclable plastics with recyclable plastics with a better environmental footprint. The company also took steps to adopt more sustainable materials such as bioplastics and recycled plastics.—JY Bourgeois
Founded in 1954, Pibiplast now operates four plants based in Northern Italy. Among the company’s latest investments are the installation of a complete varnishing and metallization line, in addition to the construction of the new Correggio plant, the extensions of the Milan factory and investments made in the Florence factory.
Pibiplast says it was a pioneer in transitioning from highly polluting materials in the 1990s, substituting non-recyclable plastics with recyclable plastics with a better environmental footprint. The company also took steps to adopt more sustainable materials such as bioplastics and recycled plastics.—JY Bourgeois
