Divipa was founded in 1971 by the Alvaro family, which ceded 100% of the capital to Fedrigoni but remains in the management team with some of its members. With this acquisition – the fifth in two years in the self-adhesive sector after the Italian Ritrama, the Mexican IP Venus and Ri-Mark and the American Acucote – the group claims to further strengthen its position as the world’s third largest player in the self-adhesive. -adhesive materials, where it operates through several brands such as Arconvert, Manter and Ritrama.
“The entry of Divipa into the Group is a new step in our growth trajectory in the world of self-adhesive materials”, confirms Marco Nespolo, CEO of the Fedrigoni Group. “We have not taken a step back to advance our strategic plan. : broaden the offer in attractive segments and extend our global presence, also through targeted acquisitions, to obtain a direct presence in all the main geographic markets. We welcome our Divipa colleagues who join our 4,000 people.”
“With the acquisition of Divipa, which joins the two self-adhesive production units we already have in Spain, we continue our expansion in the increasingly promising sector of self-adhesive materials”, comments Fulvio Capussotti, Executive Vice-President of Fedrigoni Self-Adhesives Division “This operation will enable us to increase production capacity and create numerous production and supply synergies.”=
Jaime Alvaro Alvaro, the founder of Divipa, declares: “The Fedrigoni Group is a solid industrial reality in strong expansion at the international level, with ambitious development objectives. I am happy that my company and my people are part of it, I am convinced that they will find the right ground to develop and consolidate significantly over the next few years.”