Multipack has realigned its business to focus on the international tissue market after it announced the sale of its Pharma-Cosmetic products division.
Located in Casalecchio di Reno, Bologna, the company has over 35 years of experience in packaging equipment and specialises in primary and secondary packaging systems for tissue, pharmaceuticals, cosmetics and foodstuffs.
The sale of its pharmaceutical and cosmetic products means it can concentrate its activities on tissue.
Aldo Stupazzoni, chairman of Multipack, said: “This transaction further enhances the commitment of Multipack in the tissue industries; we have also almost finished developing other innovative wrapping systems for rolls of toilet paper and kitchen towels.”
Davide Angelini, general manager of the company, added: “Our business asset will not change and we will continue to produce packaging solutions for diverse industrial sectors, keep developing innovative solutions to generate added value and to cut costs for our customers.
“This operation strengthens our focus on tissue where the new TEKNA ROLLEvolution is nearly ready and set to be a milestone in the roll wrapping machines market.”
He added that many other products were under development and will be launched in 2016.