Change at the helm of Angelini Technologies-Fameccanica: Luigi De Vito is the new Chief Executive Officer

Rome, February 24, 2025 - The Board of Directors of Angelini Technologies - Fameccanica - the operating company of Angelini Industries active in industrial automation, robotics and sustainable packaging - has appointed Luigi De Vito, a manager with more than 20 years' experience in technology serving industrial production, as its new CEO. De Vito succeeds Alessandro Bulfon, to whom deep thanks were expressed for his work over the years.

With more than 600 employees in Italy, the U.S. and China, more than 200 million in sales, 80% of which are achieved through exports, Angelini Technologies - Fameccanica is headquartered in San Giovanni Teatino (Chieti, Italy). Founded in 1975 by Angelini, from 1992 to 2022 it was an equal joint venture between the Angelini Group itself and P&G; in 2022 Angelini Industries regained 100% control by acquiring 50% from P&G.

"I welcome Luigi De Vito, and at the same time I would like to thank Alessandro Bulfon," commented Sergio Marullo di Condojanni, CEO of Angelini Industries, "who, during his tenure, has made Angelini Technologies - Fameccanica a leading reality in the field of industrial technology and robotic automation at the international level. I am sure that this first cycle of development will be further strengthened thanks to Luigi's vision and experience, whose goal will be to lead Angelini Technologies - Fameccanica not only to consolidate the existing, but also and above all to establish itself in new business segments, reaching the ambitious goals that the company deserves."

Born in 1973, married, with three children, Luigi De Vito graduated with honors in economics and industrial management from LUISS Guido Carli University. He has held positions of responsibility in SCM Group and Biesse Group, multinational companies specializing in technologies and manufacturing of material processing machines. He was president of ACIMALL, Association of Italian Woodworking Machinery and Accessories Manufacturers, and EUMABOIS, European Federation of Woodworking Machinery Manufacturers. He worked at Unilever where he was in charge of supply chain management.

"I am thrilled to be able to put my experience in industrial technology at the service of a company like Angelini Technologies - Fameccanica," said Luigi De Vito, "a company that, thanks to its strategic vision, investments and its great ability to innovate, has become an ambassador of Made in Italy in the world. Right from the start, my commitment will be to continue along these lines, maximizing and enhancing all those elements that, from patent capacity to the quality of design of our plants, from diversification to tailor-made solutions, make Angelini Technologies - Fameccanica an excellence worldwide."

"I would like to thank Thea Paola Angelini and Sergio Marullo of Condojanni," said Alessandro Bulfon, "for the path we have taken together over the past five years during which I have been able to plan and guide Fameccanica's growth at a crucial time of great change. Together with them, I would like to thank all the people who, day by day, with their commitment and enthusiasm, have led the company to achieve increasingly important goals. For my part, I am sure to leave a larger, more solid and more diversified company, capable of competing in international markets."

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With more than 600 employees in Italy, the USA and China, more than 200 million in turnover, 80% of which is achieved through exports, and more than 1100 patent titles, Angelini Technologies - Fameccanica operates not only in "converting," i.e., in the manufacture of industrial machines in the "hygiene" sector (production of items such as diapers, sanitary napkins and single-dose detergent capsules), but also in robotics and industrial automation, mainly applied to the logistics of organized distribution and e-commerce. The third area of activity is sustainable packaging, which led to the development of Greenpackt®. From the year of its founding in 1975 to the present, Angelini Technologies - Fameccanica has built 1,300 production plants, sold in 58 countries. The company operates in its three locations in Italy (San Giovanni Teatino, in the province of Chieti), China (Shanghai) and the United States (West Chester, OH). Of the 600 employees, more than 500 work at the Italian headquarters in San Giovanni Teatino of which more than 200 are engineers involved in research and development, hardware and software design, and production. The company was founded in 1975 by Angelini and from 1992 to 2022 was an equal joint venture between the Angelini Group itself and P&G. In 2022 Angelini Industries regained 100% control by acquiring 50% from P&G.

Angelini Industries is a multinational industrial group founded in Ancona in 1919 by Francesco Angelini. Today it represents a solid and articulated industrial reality that employs about 5,800 people and operates in 21 countries worldwide with revenues of 2.1 billion euros, generated in the health, industrial technology and FMCG sectors. An investment strategy focused on growth; a constant commitment to research and development; and a deep knowledge of markets and business sectors make Angelini Industries one of the Italian companies of excellence in the sectors in which it operates.  The Group is committed to reducing its environmental impact and finding more and more cutting-edge solutions with a view to the circular economy; it adopts the most advanced standards for worker health and safety 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 sample checks at the point of sale.   For more than 100 years, the Angelini family has been guiding the evolution of Angelini Industries with an entrepreneurial style typical of Italian family capitalism. To learn more visit angeliniindustries.com

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