IRPLAST TO BECOME PART OF THE TOPPAN GROUP

The transaction is strategic for strengthening the group’s international development plan. IRPLAST’s management retains 20% of the share capital.

Empoli (FI), 24th of March, 2025 – The Japanese TOPPAN Group has entered into a definitive agreement to acquire 80% of the share capital of IRPLAST S.p.A. – through its subsidiary TOPPAN SPECIALITY FILMS, based in India. The stake is being aquired from the current majority shareholder, British-based investment fund Cheyne Strategic Value Credit (SVC). The management of IRPLAST will retain the remaining 20% of the share capital and will continue to lead the company. CEO Fausto Cosi and Luca de Bartolo, Chief Operating Officer, will work closely with TOPPAN Group’s management team. The transaction is expected to close in April, subject to satisfaction of certain closing conditions and customary regulatory approvals.

Currently, IRPLAST is involved in an important growth phase involving the commissioning of a new Brückner Maschinenbau production line using LISIM technology at its Atessa (CH) plant, which will triple the production capacity.

The acquisition of IRPLAST S.p.A. will create significant operational and commercial synergies. The TOPPAN Group, a global leader in sustainable integrated solutions across various sectors including printing, communications, security, packaging, decorative materials, electronics, and digital transformation, has strategically chosen to strengthen its presence in the European market by acquiring an established and well-respected player in the international market such as IRPLAST, which has seen steady growth and solid results.

The professional team supporting Cheyne Strategic Value Credit (SVC) in the divestiture process includes the advisor Houlihan Lokey and the law firm Chiomenti, while IRPLAST’s management was assisted by the law firm BonelliErede. In the acquisition process, TOPPAN Group was advised by EY India, KPMG, and the law firms Bird&Bird and SAM&Co. in the due diligence.

Fausto Cosi, CEO of IRPLAST, stated:

“The inclusion of IRPLAST within the TOPPAN Group represents a unique opportunity to accelerate our growth, and to amplify synergies with such a prestigious international network. Thanks to our distinctive expertise, which has enabled us to achieve extraordinary results over the past five years, we are now ready to expand our presence further in international markets. This is a crucial step to meet new European regulations and make a tangible contribution to reducing CO2 emissions, and perfectly aligned and complimentary with TOPPAN’s strategies in the packaging market.”

IRPLAST S.p.A. PROFILE Irplast S.p.A. | More than films

IRPLAST has developed unique and distinctive expertise in the design and production of innovative, customized BOPP films, becoming a leader in the production of simultaneously stretched biaxially oriented polypropylene (BOPP) films for roll-fed labels, adhesive tapes, and multipack solutions for the food & beverage, dairy, personal & home care markets.

The company is vertically integrated, managing the entire process from film production to printing, coating, and cutting the finished product, with a business model entirely focused on environmental sustainability. Driven by an entrepreneurial vision committed to sustainability, IRPLAST has invested in reducing the weight and thickness of films, designing mono-material solutions for complete recyclability, using raw materials from renewable sources and chemical recycling, and reusing production waste, resulting in a reduction of CO₂ emissions.

Since 2020, IRPLAST’s sustainable innovation journey has been certified through the publication of its Sustainability Report.

TOPPAN GROUP PROFILE

Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.

https://www.holdings.toppan.com/en/ https://www.linkedin.com/company/toppan/

For info:
PRESS OFFICE IRPLAST
Anna Ganapini
pressoffice@irplast.com
+ 39 347 7862665