ISEM AND INDUSTRIAL PACK GROUPS ANNOUNCE THE CLOSING OF THE AGGREGATION OPERATION
Milan 30 September 2022 – The closing has been carried out for the aggregation of the Industrial Pack Group to the Isem Group, two rapidly growing, complementary and historic companies in the European luxury packaging panorama, with the aim of strengthening the perimeter of the group focusing its development transversally in the luxury sector.
The new Group has the ambition of providing its reference markets with excellent products and services, flexible and agile production capacity and an effective response to the needs deriving from the great attention to sustainability which also pervades the luxury packaging sector. Francesco Pintucci, shareholder and CEO of the Isem Group, will hold the position of CEO of Industrial Pack, while Carlo Gregori, current reference shareholder and President of Industrial Pack, will become a shareholder of the Isem Group and will hold the position of Vice President of both Isem that of Industrial Pack.
The two Groups will also maintain the current production and organizational structure, taking advantage of the industrial and professional synergies of their employees, the main architects of the growth recorded by both Groups in recent years, despite the complex market context of strong volatility and instability that has characterized and is characterizing the world economic cycle.
The ISEM Group is made up of two historic Italian luxury packaging companies, ISEM and Grafiche Bramucci.
Founded in 1949 in Vigevano, ISEM was one of the first printing companies in Italy to import production machinery from the United States to improve the quality and speed of processes, continuously increasing production during the 70s and 80s. Today, ISEM is among the leaders in the European market of luxury rigid boxes for perfumery, cosmetics and wine & spirit, representing the strategic partner of numerous customers worldwide.
Grafiche Bramucci was born in Sesto San Giovanni in 1966, initially producing refined entirely handmade caskets. In the 1970s, Grafiche Bramucci industrialised production, moving on to the creation of high-end cases to become one of the main players in the luxury sector. Currently, the company is among the leaders in the production of cases for the cosmetics and luxury sector, with an annual production of over 50 million cases.
The Industrial Pack Group was born from the union of three historic Italian companies, leaders in the design and production of packaging for high quality products made in Italy, (boxes, rigid boxes, tissues, cases) we are talking about Industrial Box, Velincart and Pack+.
With over 70 years of experience, these companies joined together in a single Group in 2019, giving life to Industrial Pack, in line with the same philosophy with which they join Isem Group today, with the aim of being an integrated and able to provide its target market with a broad product portfolio, becoming the sole interlocutor for its customers in finding the right solution in response to their needs. Francesco Pintucci said: “A few months ago, we strengthened our shareholding structure to accelerate the ambitious industrial development project of the Isem Group, which I started in 2018 with the acquisition of Grafiche Bramucci, through the combination of organic growth and diversification, aggregating other historical and excellent companies operating in the packaging sector, a
cellulose based.
I am proud to announce this operation with a Group that boasts a long history of excellence in luxury packaging thanks to the distinctive expertise of its employees and the leadership of a far-sighted entrepreneur from whom we can draw an important contribution in terms of professionalism and experience. I am convinced that, with Carlo Gregori at my side, in addition to the President Marco Giovannini, and thanks to the support of our employees, the Group can continue to grow in the
seek new and additional ESG solutions and in aiming to become a world leader, opening up to new geographies and new challenges at a global level”, adds Francesco Pintucci, “while aware of operating in a complex economic context and in a competitive scenario that requires having the ability to innovate and efficiency while remaining flexible.” Carlo Gregori said: “I am happy and at the same time proud of this operation, joining the Isem Group, which has marked the history of our sector and which has always been one of my main references since the early years in which, way back in 1984, I began this journey.
Common objectives, philosophies and strategies are certainly a way to face and overcome the obstacles of a complex global macroeconomic framework, but which at the same time provides important opportunities to those who know how to seize them. ”, continues Carlo Gregori, “The opportunity to be alongside the CEO Francesco Pintucci, and the President Marco Giovannini, gives me further incentives to help them grow and improve this Group.”
