SACMI has recently announced its majority (65% stake) acquisition into the French group Emballage Technologies, which comprises of Etpack, Sermatec, and Pactisoud.
The purchase was completed via its subsidiary SACMI Packaging & Chocolate SpA, the SACMI Group Business Unit that operates in the food packaging sector.
SACMI has been working with Etpack since 2019 through its Poland-based subsidiary. The basis for this transaction is the strong relationship between the 2 industrial groups and their shared strategic vision.
With the acquisition, SACMI Packaging & Chocolate has expanded and completes its range of secondary packaging solutions by integrating specific technologies, with the resulting expansion of the offering allowing the company to reach into additional industries and market segments. This synergy also extends to the construction and assembly of the flowpack ranges and the low- and medium-speed vertical packaging machines – designed by SACMI and assembled in Sermatec – thus boosting the ability to respond to market dynamics.
Groupe Emballage Technologies is a renowned name in France, and SACMI is confident that it will be a major growth driver on this market, in keeping with the goal of achieving a strong local presence via a network of production and sales facilities. The acquisition also aligns with SACMI Packaging & Chocolate’s broader business strategy: indeed, the company is already present internationally in Poland, the DACH countries and the US.
“Strengthening our food packaging operations is a key SACMI goal,” said Paolo Mongardi, President of SACMI. The complementary nature of Emballage Technologies’ primary and secondary packaging solutions completes SACMI’s technological proposal, and opens up new market opportunities via the full involvement of SACMI’s Global Network, added Mongardi.
Groupe Emballage Technologies will retain management control in light of its excellent work so far, while closer teamwork will help to boost growth both in France and abroad.
According to a senior SACMI spokesperson, “Thanks to this new acquisition, Sacmi Packaging & Chocolate will have new technologies and applications in its portfolio, enabling a broader offering for other industries. This will further strengthen our presence and competitiveness even in the Asian market.”
For more information, click on: SACMI