Angelini Industries signs agreement with P&G To buy 50% and so control 100% of Fameccanica

The agreement is the first step to creating, within Angelini Industries, an ecosystem of companies dedicated to the design and development of technologies, products and services aimed at improving industrial processes and production.

Fameccanica is an international group which specialises in factory automation – a leader in the sector of single-use hygiene products – with over 700 employees, 3 factories in Italy, China and North America and revenues over 200 million Euro.

Rome, 28 March 2022 – Angelini Industries, a multi-business Italian industrial group which operates in 26 countries with 5,700 employees, has signed an agreement with P&G to buy 50% of Fameccanica, which until now was a 50/50 joint venture between the two companies. Angelini Industries will thus go on to own 100% of the international company which specialises 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 – said 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 – commented Alessandro Bulfon, General Manager 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.”

Fameccanica

With over 1,200 lines of machinery delivered worldwide, over 600 active patents and 700 employees in the three production facilities in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai) and the United States (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 specialising 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 Smart 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 Euro, of which over 80% from exports.

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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.   

Angelini Industries operates in the pharmaceutical, consumer goods, industrial technology, perfumes and dermo-cosmetics and wine businesses. 

Its investment strategy aimed at growth, constant commitment to research and development, and deep knowledge of markets and business sectors make Angelini Industries an Italian leader in the industries in which it operates.  

The group is committed to reducing its environmental impact and finding increasingly cutting-edge circular economy solutions. It adopts the most advanced health and safety standards for workers and the most rigorous processes to ensure the highest quality by verifying the entire supply chain: from supplier certification to the control of raw materials, the production process, the finished product and packaging, to spot checks at the point of sale.  

For over 100 years, the Angelini family has steered the development of Angelini Industries with an entrepreneurial style typical of Italian family businesses. 

Media contacts:

Angelini Industries

Alessandra Favilli – Group Chief Communication Officer

alessandra.favilli@angeliniholding.com– press@angeliniindustries.com

Fameccanica

Stefano Pagnoncelli – Head of Global Communication

stefano.pagnoncelli@fameccanica.com

SEC Newgate Italia

Daniele Pinosa – daniele.pinosa@secnewgate.it – tel. +39 3357233872

Fausta Tagliarini – fausta.tagliarini@secnewgate.it – tel. +39 3476474513

Daniele Murgia – daniele.murgia@secnewgate.it – tel. +39 3384330031