Fedrigoni Reinforces its Presence in Europe with Divipa Acquisition
Fedrigoni Group recently announced its acquisition of Spain-based Divipa. Headquartered in Derio, Divipa develops, manufactures, and distributes self-adhesive materials. The company achieved an estimated turnover of €24 million (approximately $27.2 million) in 2021 and has about 50 employees.
“The entry of Divipa into the Group is a new milestone in our growth path in the world of self-adhesive materials,” said Marco Nespolo, CEO of the Fedrigoni Group. “We have not taken one step backwards in moving our strategic plan forward: broadening the offer in attractive segments and expanding our global presence, also via targeted acquisitions, to obtain a direct stronghold in all the main geographical markets. We extend a welcome to our Divipa colleagues who are joining our 4,000 people.”