Arcadia SGR S.p.A. (“Arcadia”) announces its third investment for the Private Equity fund Arcadia Small Cap II (“ASC II”) with the acquisition, together with other industrial co-investors, of 60% of Grafiche Favillini S.r.l. (“Favillini” or “the Company”) from Alberto and Eugenio Favillini, who will keep 40% equity share holding in the Company.
The Company was founded in Livorno in 1886 by the Favillini family. During the last 25 years, under the leadership of Alberto and Eugenio Favillini, the Company has been growing steadily, and has become one of the leading supplier of secondary packaging for the pharmaceutical and nutraceutical sector in Italy. Favillini has been rewarded by “Press Oscar 2018” as “Best Cartotecnica”. In 2019 the Company generated revenues equal to Euro 13.4 million, with an EBITDA at over 25%.