Nuovaplast is one of the leading Italian producers of PET preforms for the mineral water, oil, milk and detergent industries.
The company offers a wide range of high-quality products and services with a flexible production process and a high level of automation, able to promptly adapt to the multiple needs of customers and the market.
The company, with 45 employees, is based in Villa Lempa in the Abruzzo region with its highly automated production facilities occupying an area of 33,000 m2.
Origination
Sale process launched by the company’s entrepreneur.
Transaction Structure
IGI acquired Nuovaplast in a leveraged buyout together with the entrepreneur, Roberto Tomasoni.
Investment Rationale
Market leader for quality of product and service, as well as for realized growth, economic and financial results.
State-of-the-art production facilities, flexible production process and high level of automation supported by a major investment plan in recent years which has laid the foundations for future development and meeting the future challenges of the market.
Opportunity to extend the company’s presence in the domestic and nearby foreign markets, consolidating relations with the main mineral water customers and strengthening the position in the oil, milk and detergent sectors.
Stable, anticyclical and resilient market, with the opportunity to develop similar sectors where the use of PET is less mature.
High potential from strengthening the organizational structure.
Ideal platform for maximising the trend for consolidation through acquisitions in the domestic and neighbouring markets.
Value Creation Strategy
Appointment of a CFO and strengthening of the organizational structure to help the company pass to the next generation. Maximising the commercial structure.
Optimization of the financial structure and improvement in NWC management.
Increase in investments to further expand production capacity and enable the company to meet the challenges of the market over the next few years.
Support in M&A activity and analysis of potential targets for acquisition.
Upgrading of the internal reporting system to IGI standards.
Value Realization
Exited in December 2022 through the sale to an industrial operator based in Luxembourg.