After a profitable 12 months and a sequence of acquisitions, the Fedrigoni Group, which counts virtually 5,000 workers in 28 nations, achieved gross sales of EUR 2.3 billion in 2022, divided between two main actions, EUR 1.3 billion for the Labels division, and EUR 1 billion for Speciality Papers. To optimize its progress, the Speciality Papers division is now being reorganized on the worldwide stage into 4 enterprise items.
Luxurious Ecosystem covers speciality papers for the posh business designed for packaging and communication. The Paris-based administration works with devoted groups within the varied worldwide workplaces.
“Luxurious items clients have to work with a world group able to finishing up a challenge on totally different continents. With 12 paper machines worldwide, we even have the agility and adaptability that these clients anticipate, even for small manufacturing runs”, says Ilan Schinazi, the Gross sales Director of Fedrigoni Papers.
The Luxurious enterprise unit already accounts for 35% to 40% of the Group’s gross sales, with established partnerships with main luxurious teams. Nonetheless, they intention to achieve 60% inside the subsequent three years, particularly by increasing into the North American and Asian markets.
The Inventive Communication enterprise unit is devoted to artistic papers for the publishing and artistic communication industries. Fedrigoni is likely one of the world leaders on this market, which represents virtually 40% of its gross sales.
Technical Options contains extremely specialised merchandise, from RFID to good papers, and from speciality papers designed to exchange plastic in lots of functions to taking part in and buying and selling playing cards. The group is presently creating the marketplace for lodge room key playing cards and reward playing cards.
Artwork and Drawing represents the big selection of drawing papers produced by the historic Fabriano manufacturing facility based mostly in southern Italy.
Integrating specializations
As well as, Fedrigoni has simply accomplished three new acquisitions geared toward consolidating its geographical presence, technological growth, and CSR strategy based mostly on the “plastic to paper” technique.
Having already bought the Guarro Casas Arjowiggins plant in Spain in 2022, in late 2023, the Group built-in the Arjowiggins plant in China, which is specialized in tracing paper and produces 7,000 tonnes per year.
“The logic behind this acquisition is each geographical and CSR-based. We imagine that clear tracing paper can substitute plastic in quite a few functions”, explains Ilan Schinazi.
The second acquisition is SharpEnd, a UK-based company specializing within the RFID expertise. This transfer follows the acquisition of Tageos France, an knowledgeable in linked options, in 2022, and of its R&D centre, reinforcing the Group’s dedication to good label and paper options.
“We’re confirming our curiosity on this expertise with an company that may assist us deliver the RFID expertise to life for shoppers”, notes the director.
Lastly, Fedrigoni confirmed it acquired 100% of Italian firm Eclose, a producer of cellulose-based pulp wedges and packaging – a market with robust potential. The corporate already works with some fifteen luxurious manufacturers.
Securing sourcing
The Group confirmed it signed an settlement with a participant from Brazil, the nation being the world’s main producer of short-fibre paper pulp.
“This provider is extraordinarily dedicated to CSR. They work on preserved forests within the south of the nation and boast a productiveness of eucalyptus reforestation cycles that’s twice that of Nordic nations”, explains the director.
After a “euphoric” 12 months 2022, in response to him, the 2023 end result that might be offered in April seems set to be at the least equal by way of quantity.
“We’ve additionally achieved a robust begin to 2024. We must wait and see for the remainder of the 12 months, relying on the geopolitical context, however what’s for positive is that there’s a enormous demand within the luxurious sector for value-added speciality papers”, concludes Ilan Schinazi.
With its new group, its 4 manufacturing websites in Italy, France, Spain, and China, and the inauguration of its innovation centre in Verona dedicated to high-end papers, Fedrigoni intends to satisfy this demand in each respect.
