"21 Investimenti" of Benetton enters the Carton Pack



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Wednesday, July 4, 2018




"21 Investimenti" group founded and directed by Alessandro Benetton, through his fund "21 Investimenti III" acquires the majority of Carton Pack, one of the main Italian operators active in the design, production and marketing of Packaging for the food sector, with special emphasis on the fruit and vegetable segment

Carton Pack founded in 1970 by the Leone family and with production facilities in Rutigliano (Bari), thanks to its Technical know-how, broad product portfolio and the ability to offer highly customized solutions to its customers, is an Italian leader in its reference market.

The leadership team, led by brothers Gianni and Giuseppe Leone, who will remain at the helm of the company after the entry of 21 Investimenti, enjoys a solid reputation in the market and has able to advance the company in its growth. , to achieve a turnover of about 80 million euros in 2017, of which nearly 30% in foreign markets.

The Carton Pack development project, with the support of 21 Investimenti, plans to strengthen its market position in Italy and in foreign countries already controlled, as well as to enter new markets characterized by prospects. interesting organic growth. Some targeted acquisitions are also part of the development strategy with some records already under study by the management team

Alessandro Benetton (pictured) states: "We are proud to announce the fund investment 21 Investimenti III in Carton Pack, Italian leader in the fruit and vegetable packaging sector Having joined the group Farnese in 2013 then Sifi in 2015, with this investment 21 Investimenti continues to believe in the South and invest in Italian excellence with high growth potential ". "Our model – continues Alessandro Benetton – plans to support entrepreneurs in a new development path through major investments in innovation and technology, strengthening the management team and the entrance on new markets "

Gianni and Giuseppe Leone" We are excited to open our company to a strategic growth partner like 21 Investimenti. A new important development path is beginning which will bring Carton Pack to more goals. more ambitious. "

Gattai, Minoli & Agostinelli studio helped 21 Investments for the legal aspects of the transaction. The Vitale & Co. financial advisor and the Grande Stevens law firm helped the sellers.

21 Partners
21 Partners is a European investment group that invests in mid-sized companies with local funds. In 26 years, the group, founded and led by Alessandro Benetton, has made a hundred investments in the mid-market.

Source: Press Office 21 Partners

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