After a successful year and a series of acquisitions, fedrigoni groupThe company has approximately 5,000 employees in 28 countries. Sales in 2022: 2.3 billion eurosdivided into two main activities, 1.3 billion euros will be spent on activities. label 1 billion euros for the sector and 1 billion euros for specialty papers. To optimize growth, special paper The division is currently being reorganized into four business units at a global level.
luxury ecosystem Covers specialty papers for premium industries designed for packaging and communications. Our Paris-based management team collaborates with specialized teams in various international offices.
“Luxury customers need to work with global organizations that can execute projects on different continents. With 12 paper machines worldwide, he has the agility and flexibility his customers expect, even when producing small quantities.” Ilan Schinazi, Sales Director, Fedrigoni Papers.
The Luxury segment already accounts for 35% to 40% of the Group's sales and partnerships with major luxury groups have been established. However, he aims to reach 60% within the next three years, especially with expansion into North American and Asian markets.
of creative communication The business unit specializes in creative papers for the publishing and creative communications industry. Fedrigoni is one of the world leaders in this market, accounting for approximately 40% of sales.
technical solution includes highly specialized products ranging from RFID to smart paper and specialty papers designed to replace plastic in many applications, from playing cards to trading cards. The group is currently developing the market for hotel room key cards and gift cards.
art and drawing represents a wide range of drawing papers produced at the historic Fabriano factory based in southern Italy.
Integration of specialties
Additionally, Fedrigoni has just completed 3 new acquisitions It aims to strengthen its geographical presence, technological development and CSR approach based on its “Plastic to Paper” strategy.
The group, which had already purchased the Guarro Casas Arjowiggins factory in Spain in 2022, integrated the Arjowiggins factory in China, which specializes in tracing paper and produces 7,000 tons per year, at the end of 2023.
“The logic behind this acquisition is geographical and CSR based. We believe that transparent tracing paper can replace plastic in many applications.” explains Ilan Skinaj.
The second acquisition was sharp endis a UK-based agency specializing in RFID technology. The move follows the acquisition of connected solutions specialist Tageos France and its research and development center in 2022 and strengthens the group's commitment to smart label and paper solutions.
“We are confirming interest in this technology with distributors who can help bring the RFID experience to consumers.'' points out the director.
Finally, Fedrigoni confirmed that he had acquired 100% of the shares in the Italian company. e-roseis a manufacturer of cellulose-based pulp wedges and packaging, a market with great potential. The company already has partnerships with about 15 luxury brands.
Securing suppliers
The group confirmed it has signed an agreement with a company in Brazil, one of the world's leading producers of short fiber paper pulp.
“This supplier is very committed to CSR. They work on protected forests in the south of the country and boast twice the productivity of eucalyptus reforestation cycles as in the Nordic countries.' explains the director.
After a “euphoric” 2022, he said the 2023 results, to be announced in April, are expected to be at least as good in terms of volume.
“We also got off to a strong start heading into 2024. Depending on the geopolitical situation, we will have to wait and see for the rest of the year, but what is certain is that there is a strong demand for added value in the luxury goods sector.special paper” concluded Ilan Skinazi.
The new organization will have four production bases in Italy, France, Spain, and China. Innovation Center of Verona Fedrigoni, which specializes in high-quality papers, intends to meet this demand in every way.
