03.29.22
Angelini Industries, a multi-business Italian industrial group which operates in 26 countries with 5700 employees, has signed an agreement with Procter & Gamble to buy 50% of Fameccanica, which until now was a 50/50 joint venture between the two companies. The deal will give Angelini Industries 100% ownership of the international company which specializes in automation and robotics for the consumer goods industry.
The closing of the operation is subject to approval by the Antitrust Authority and is expected during June 2022.
The agreement aims to consolidate Angelini Industries’ pursuit of growth and diversification as it becomes increasingly active in the field of industrial technology, thanks to the skills and know-how of Fameccanica, which will keep its leadership unchanged under the guidance of Alessandro Bulfon.
“We are taking an important step,” says Sergio Marullo di Condojanni, CEO of Angelini Industries,"in the diversification and internationalisation of Angelini Industries. With the acquisition of Fameccanica we wish to further invest in a sector which has great growth potential and in which Italy has extraordinary resources. We are convinced that automation, innovation and robotics will be increasingly at the heart of profound change in industrial processes and will therefore represent a great growth opportunity for our Group.”
“The operation opens up a new stage in the history of Fameccanica,” comments Alessandro Bulfon, general Mmanager at Fameccanica –which will see the strengthening of our strategy of growth and leadership in the sector of single-use hygiene products, our historic stronghold, at the same time providing further drive to our diversification plans. I wish to thank P&G, which has participated in the growth and development of Fameccanica and will remain one of our key clients on all the main markets.”
With over 1200 lines of machinery delivered worldwide, over 600 active patents and 700 employees in three production facilities in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai) and the U.S. (West Chester, OH), Fameccanica designs and develops technologies, robotics and services for the industrial production of fast-moving consumer goods, sustainable packaging, handling and automated recognition for logistics and digital services dedicated to process optimisation, with constant attention to sustainability and continuous innovation.
Historically specializing in the design and production of manufacturing lines for consumer goods and a leader in the sector of single-use hygiene products, over the years it has constantly managed to innovate by developing new, high-productivity technologies and high value-added digital services, thus becoming a key player in smrt factory automation.
Today, Fameccanica designs and develops products, solutions and services that can improve automation processes and manufacture for a wide range of products, such as: single-use absorbent products for personal hygiene, personal care and home care products, single-dose pods and detergents, single-use first aid devices and products (e.g. plasters), bottling of liquids, sustainable packaging and robotics for the handling and automatic recognition of parcels (e-commerce logistics).
Founded in 1975 and since 1992 a joint venture between Angelini Industries and P&G, Fameccanica ended 2021 with revenues of over €200 million.
Angelini Industries is a multinational industrial group originally founded in Ancona in 1919 by Francesco Angelini. Today it is a solid, structured industrial business with around 5,700 employees, operating in 26 countries and generating annual revenues of €1.7 billion. It operates in the pharmaceutical, consumer goods, industrial technology, perfumes and dermo-cosmetics and wine businesses.
The closing of the operation is subject to approval by the Antitrust Authority and is expected during June 2022.
The agreement aims to consolidate Angelini Industries’ pursuit of growth and diversification as it becomes increasingly active in the field of industrial technology, thanks to the skills and know-how of Fameccanica, which will keep its leadership unchanged under the guidance of Alessandro Bulfon.
“We are taking an important step,” says Sergio Marullo di Condojanni, CEO of Angelini Industries,"in the diversification and internationalisation of Angelini Industries. With the acquisition of Fameccanica we wish to further invest in a sector which has great growth potential and in which Italy has extraordinary resources. We are convinced that automation, innovation and robotics will be increasingly at the heart of profound change in industrial processes and will therefore represent a great growth opportunity for our Group.”
“The operation opens up a new stage in the history of Fameccanica,” comments Alessandro Bulfon, general Mmanager at Fameccanica –which will see the strengthening of our strategy of growth and leadership in the sector of single-use hygiene products, our historic stronghold, at the same time providing further drive to our diversification plans. I wish to thank P&G, which has participated in the growth and development of Fameccanica and will remain one of our key clients on all the main markets.”
With over 1200 lines of machinery delivered worldwide, over 600 active patents and 700 employees in three production facilities in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai) and the U.S. (West Chester, OH), Fameccanica designs and develops technologies, robotics and services for the industrial production of fast-moving consumer goods, sustainable packaging, handling and automated recognition for logistics and digital services dedicated to process optimisation, with constant attention to sustainability and continuous innovation.
Historically specializing in the design and production of manufacturing lines for consumer goods and a leader in the sector of single-use hygiene products, over the years it has constantly managed to innovate by developing new, high-productivity technologies and high value-added digital services, thus becoming a key player in smrt factory automation.
Today, Fameccanica designs and develops products, solutions and services that can improve automation processes and manufacture for a wide range of products, such as: single-use absorbent products for personal hygiene, personal care and home care products, single-dose pods and detergents, single-use first aid devices and products (e.g. plasters), bottling of liquids, sustainable packaging and robotics for the handling and automatic recognition of parcels (e-commerce logistics).
Founded in 1975 and since 1992 a joint venture between Angelini Industries and P&G, Fameccanica ended 2021 with revenues of over €200 million.
Angelini Industries is a multinational industrial group originally founded in Ancona in 1919 by Francesco Angelini. Today it is a solid, structured industrial business with around 5,700 employees, operating in 26 countries and generating annual revenues of €1.7 billion. It operates in the pharmaceutical, consumer goods, industrial technology, perfumes and dermo-cosmetics and wine businesses.
