Founded in 1888, Fedrigoni is a global manufacturer of papers and adhesives, offering more than 13,000 products. The family-owned, privately held firm will help GPA continue to serve the specialty paper market in North America and continue to expand its broad-based portfolio of products and services, according to GPA’s president and CEO, Bob Niesen.
GPA just celebrated its 75th anniversary, and the Fedrigoni Group’s CEO, Claudio Alfonsi, says he’s very familiar with the company and pleased to have it in the fold.
“This acquisition is in line with the Fedrigoni Group’s strategy for growth in the international markets, having the aim of further asserting our leadership in value-added and highly profitable segments,” says Alfonsi. “We are extremely pleased, because thanks to GPA, the Fedrigoni Group will now be able to serve and support the U.S. specialty substrate market with well-consolidated coverage; this will constitute a solid base for the future distribution of complementary products.”
GPA’s management team will remain intact and its customers and suppliers can look forward to continuing their strong relationships with the company, it said.
Prior to becoming part of the Fedrigoni Group, GPA was owned by Svoboda Capital Partners for the last ten years.
The Fedrigoni Group, based in Verona, Italy, is a leading international company in the production and sale of various types of paper, in particular high value-added paper, security products and self-adhesive items. As a specialty manufacturer of fine Italian papers for designers, end-users and printers, the company distributes to more than 80 countries.
In joining the group GPA joins some rarified company. In 2002 the Fedrigoni Group acquired the fine art paper company Fabriano, which was founded in 1264 and claims to have had Michelangelo as one of its customers.