Cartonpack Group completes acquisition of majority stake in FIMAT

Cartonpack Group, a leading provider of multi-material food packaging, is pleased to announce that it has completed the acquisition of a majority stake in FIMAT, a longstanding and established producer of cardboard packaging for food end markets. 

Located in Boffalora sopra Ticino (Milan), FIMAT will further expand the Group’s portfolio off fiber-based packaging solutions and its industrial footprint in Northern Italy, where the Group has exhibited strong growth, while at the same time enhancing its presence in the French and German markets. FIMAT will continue to be run by the Fornaroli family and will maintain the high product quality and service standards that underpin its reputation.