MARKING A COMMITMENT TO INNOVATION AND SUSTAINABILITY
The inauguration ceremony was attended by institutional representatives – the Mayor of Empoli Alessio Mantellassi, Member of Parliament Federico Gianassi, Senator Dario Parrini, Barbara Antonini Coordinator of the Empolese-Valdelsa local office of the Confindustria Toscana Centro e Costa, Giuseppe Dentato from CGIL, the IRPLAST Management team, and all company employees.
Empoli, June 5th – The closing of the transaction between TOPPAN Group in Japan — through its Indian subsidiary TOPPAN Speciality Films — and IRPLAST S.p.A. was successfully finalized this morning at IRPLAST’s headquarters in Empoli. The operation entails the acquisition of 80% of IRPLAST’s share capital. The remaining 20% will be retained by the current Management, represented by Chief Executive Officer Fausto Cosi and Chief Operating Officer Luca de Bartolo.
The ceremony was attended by top executives of the TOPPAN Group: Satoshi Oya, President of TOPPAN Inc.; Manohara Kumar, CEO of TOPPAN Speciality Films; Masahiko Tatewaki, Head of Global Packaging Operations at TOPPAN Inc. and President & CEO of TOPPAN Specialty Films USA; and Hiroshi Suzuki, Managing Executive Officer with responsibility for R&D Strategy and Global Operations in TOPPAN Inc.’s Living & Industry Division.
Institutional representatives in attendance included: the Mayor of Empoli, Alessio Mantellassi; Member of Parliament, Federico Gianassi; Senator, Dario Parrini; Barbara Antonini, Coordinator of the Empolese-Valdelsa territorial office; and Giuseppe Dentato from the CGIL trade union.
“This partnership – stated Fausto Cosi, CEO, represents a significant strategic
milestone for both companies and marks the beginning of a new phase of growth for IRPLAST. The important synergies generated will allow us to strengthen our international development plan, while remaining firmly anchored to the values that have always guided us: quality, reliability, and a strong focus on our customers’ needs.”
The acquisition is part of TOPPAN Group’s global expansion strategy, further strengthening its presence in the European market and broadening the range of solutions offered to international clients. IRPLAST is a globally recognized leader in the production of specialty films, printed labels, and adhesive tapes. The company has launched a major industrial development plan aimed at tripling its production capacity, supported by the installation of a new Brückner Maschinenbau – LISIM line. This investment will enable the production of 30,000 tons of specialty films designed for recyclable monomaterial multilayer structures, in line with the new European directives (PPWR) and based on raw materials from renewable sources and chemical recycling.
Satoshi Oya, President of TOPPAN Inc., emphasized the significance of the transaction: “We have great respect for the Management and the entire IRPLAST team, who have demonstrated outstanding know-how and foresight in selecting the most advanced technologies. We are excited to begin this partnership, which strengthens our mission as a provider of specialized solutions and further expands our ability to meet the demands of our customers.”
IRPLAST S.p.A. PROFILE Irplast S.p.A. | More than films
IRPLAST is a vertically integrated Italian company specializing in the production of simultaneously oriented BOPP films, printed labels, and adhesive tapes. A globally recognized leader in its sector, the company exports 75% of its output to over 70 countries. In 2024, IRPLAST recorded revenues of €102 million and an EBITDA of €12.3 million. The company operates under a business model strongly focused on environmental sustainability, with investments in reducing film weight and thickness, developing fully recyclable solutions, and reusing production waste. Since 2020, IRPLAST has published an annual Sustainability Report, certifying its commitment to responsible innovation.
TOPPAN GROUP PROFILE https://www.holdings.toppan.com/en/
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.
For info:
PRESS OFFICE IRPLAST
Anna Ganapini
pressoffice@irplast.com
+ 39 347 7862665
