RNEWS: AMB LEADER IN PACKAGING CHANGE OWNERSHIP

Monday, 8th february 2021 | rNEWS
Marco Arezio - Consulente materie plastiche - rNEWS: AMB Leader in Packaging Change Ownership

AMB is a leading company in Italy in the packaging sector which, despite the difficult national and international situation, has continued on its path in growth so as to become interesting for the American fund Peack Rock Capital which acquired the controlling stake.


Amb Spa changes flag. The controlling share of the Italian company, based in San Daniele del Friuli, leader in the food packaging sector, was acquired by the American fund Peak Rock Capital. A partnership that Amb itself defines strategic and that at the moment does not change the composition of the board made up of Bruno Marin (CEO), Giles Peacock (COO), Paolo Cescutti (CPO) and Rolf Liebfried (CFO).

Founded in 1969, with 5 offices in Europe and over 430 employees, AMB is the undisputed market leader. It closed 2020 with a turnover of 180 million euros, with an Ebitda of 16 million, with 4 production sites in Europe and 430 employees.

It is proposed as a single interlocutor, able to manage the processes of food packaging at 360 °: from design, to prototyping, to mold development, to production of flexible and rigid high barrier and printed films.

«This agreement - says CEO Bruno Marin - represents a further step forward in our growth plans, probably the most important in our history.

In over 50 years, AMB has achieved this milestone thanks to talented people and without ever losing sight of our goals. Peak Rock Capital is a historically active investor in our market, he knows both our business and the growth potential of our company ».

The goal of the partnership "is to further accelerate our development plans, creating sustainable products within the circular economy - explains Marin -. Sustainability and food safety will continue to be at the heart of our activities to meet the needs of our customers ».

Despite the pandemic and the consequent economic crisis, Amb achieved significant growth in 2020. "Thanks to the investment of Peak Rock Capital - adds Giles Peacock, COO of AMB - we will be able to further focus on our priorities, expand our presence globally and launch new growth initiatives, always in the name of innovation.

This partnership is based on solid shared values and I am sure that our customers, our employees and all the activities that revolve around AMB will benefit greatly » .

The CEO of the American fund, Alex Dabbous, is enthusiastic about the operation. «AMB represents a stimulating investment opportunity for us. The company, leader in the sector of recyclable products, operates in a European market characterized by constant growth in food packaging.

We are excited about the idea of supporting the Marin family and the management of the company, which has shown great talent, in their strategic objectives of geographical expansion, acquisition of new customers, product innovation and further achievements ".

Automatic translation. We apologize for any inaccuracies. Original article in Italian.

Maura delle Case

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