Fedrigoni Acquired by Bain Capital Private Equity, BC Partners

Bain Capital Private Equity and BC Partners, both global investment firms, enter into a joint ownership agreement for Fedrigoni, a producer of self-adhesive labels and fiber-based packaging products.

Bain Capital acquired Fedrigoni in 2017. Since then, the Fedrigoni Group, together with Bain Capital, has focused on five main pillars: product offerings, customer intimacy and experience, operations, talent and development, and acquisitions aimed at geographical expansion and product portfolio diversification.

Stefano Ferraresi, a partner at BC Partners, says, “We are confident that this partnership with Bain Capital will create significant growth opportunities across the business. We share Marco’s vision and ambitious growth agenda and view Fedrigoni as the ideal platform to invest in this attractive segment of the market, with the scope to continue to build on its leading positions in luxury packaging and labels and broaden its product portfolio through acquisitions and strategic partnerships.”

According to the companies, the new partnership, a combination of reinvestment by Bain Capital and investment from BC Partners, will support Fedrigoni’s management team as they look to build on their track record of M&A.

“The whole Fedrigoni leadership team and I are thrilled to continue our very ambitious growth path in partnership with Bain Capital and BC Partners,” states Marco Nespolo, CEO of Fedrigoni. “The last four years have seen Fedrigoni undertake a very comprehensive and successful transformation on product portfolio, geographic footprint, go-to-market, operating model, culture, and governance. This has been possible thanks to the great partnership with and strong support from Bain Capital. We look forward to sharing the next leg of the journey with an additional, very relevant investor and partner, whose trust makes us feel honored.”

The transaction is expected to close by the end of 2022, subject to approvals by relevant regulatory authorities.