Press & Media

This morning, the management of the Fedrigoni Group met with national and local trade union representatives in Fabriano to continue discussions on measures aimed at minimizing the employment impact on the 195 people affected by the closure of the Giano company, which produces office paper, at the end of the year. Giuseppe Giacobello, Head of Industrial Relations at Fedrigoni Group, added new details to what had already been presented during the meeting on October 8 and 9 in Verona, focusing on the job opportunities available in the Marche region and beyond.
“At the moment, we have identified over 180 concrete opportunities, including 105 positions already available in the Marche region and around twenty potential early retirements. If there is interest, a dedicated economic package will be offered, and we are working to identify more opportunities,” explained Giacobello.

The difficult decision comes after a long and fruitless search for partners and allows the Group to focus investments and resources on the segment of specialty papers for packaging and creative communication, including art and drawing, in line with the industrial plan. CEO Marco Nespolo: “We are not leaving the Marche region. We will continue to invest in the development of our production sites in the area and in the Fabriano brand, a symbol of excellence of Made in Italy in the world and a strategic asset for Fedrigoni. We will do everything necessary to mitigate the impact on our people. Dialogue and collaboration with all social parties will be fundamental”.

The Group increased its score to 90/100, remaining firmly in the world’s top 1% of companies in the same industry with the highest ESG performance. Marco Nespolo, CEO: ‘This result is an important incentive to continue striving for excellence, together with our stakeholders and customers. Our path of constant improvement, which includes progress every day, is also guided by the feedback we receive through the evaluations of the most prestigious international bodies’.

With this further acquisition, the fifth this year, the Group continues the path of diversifying its premium product offering, reinforcing its role and size in the RFID inlay and tag manufacturing, and further expanding in Asia, following the acquisition of ArjoWiggins China in January. The deal will bring new opportunities to the Group’s customers both in the pressure sensitive labels market, where the company ranks third in the world, and in specialty papers for luxury packaging, where Fedrigoni holds world leadership.

F-Jet Natural Fibers is the new Fedrigoni Self-Adhesives solution that represents the 100% post-consumer recycled paper alternative to traditional monomeric films for indoor graphics applications. In addition to having a lower environmental impact than PVC film, F-Jet Natural Fibers can be printed with the same technologies as vinyl materials, guaranteeing a very high-quality result.

The Fedrigoni Group expands its portfolio of products, assets and technological capabilities within the Graphics business. POLI-TAPE employees 370 people across production sites in Germany and Italy, and a distribution center in the United States.

In light of the solid performance achieved in the first quarter of this year, the Fedrigoni Group is finalizing a further optimization of its capital structure.

Fedrigoni, 2023 annual report: despite market volatility and a 11% drop in revenues, the group grew EBITDA by 8% and increased its market shares in all geographies and business segments
Q1 2024 shows good recovery in volumes.

Rodrigo Lacerda (formerly Bostik) will take over the Self-Adhesives business unit and Fulvio Capussotti will lead RFID, Innovation, ESG and Energy Transition
“With Lacerda’s entry, our executive team is further strengthened with a new member bringing 30 years of international experience to support the next chapter of the self-adhesives business growth, where we intend to keep expanding our global footprint and leading position. On the other hand, Capussotti will take on a new threefold challenge: to accelerate our growth in RFID, to lead ESG and Energy Transition strategy, and to drive the newly created group Innovation function,” comments CEO Marco Nespolo.

The deal, sixteen months after the industrial partnership between the two firms,
is the third M&A this year. “We will now be able to produce and distribute to customers a wide range of Fedrigoni high value-added papers directly in North America, and expand access to Mohawk specialty papers internationally” comments Marco Nespolo, CEO at Fedrigoni Group.