Industry News, Mergers and Acquisitions, Printers News

TOPPAN Group Acquires Italian High-Performance BOPP Film Company

Aims to expand its portfolio of high-performance BOPP film products to strengthen its sustainable solutions in the global market.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

TOPPAN Holdings Inc. subsidiary TOPPAN Speciality Films Private Limited (TSF), based in India, has entered into a definitive agreement to acquire 80% of the issued shares of Irplast S.p.A., an Italian-based high-performance BOPP film manufacturer, from the current majority shareholder, British-based investment fund Cheyne Strategic Value Credit (SVC). Irplast is a leading manufacturer of high-performance BOPP films, using simultaneous biaxial orientation technology to offer superior transpare...

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