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Italmobiliare advances Plastic Tax and sells Sirap Gema assets to Faerch

Packaging sold in Italy, Poland and Spain for 162 million

Italmobiliare anticipates the Plastic Tax and achieves the sale of the packaging assets in Italy, Poland and Spain. The subsidiary of the Pesenti family holding company , Sirap Gema, sold to the Danish Faerch Group on the basis of an enterprise value of 162 million euros, equal to a multiple of 10.5 times the Ebitda for the period June 2019-20. Sirap Gema will maintain control of the activities in...

hef - 15923

EFA News - European Food Agency