28 March 2023
Fedrigoni Buys Sixth Paper Mill
QUZHOU, CHINA—
Fedrigoni has been buying up Arjowiggins assets in Europe now China
Fedrigoni has been buying up Arjowiggins assets in Europe now China
 Fedrigoni has acquired another Arjowiggins assets overseas, including its Chinese translucent paper mill. Fedrigoni has agreed to a manufacturing partnership with Quzhou mill that involves making a loan to  two former Arjowiggins executives, with Fedrigoni then having the option to ultimately take over the business as part of the deal. Quzhou employs 130 and its capacity is 7,000tpa.
Based out of Itally , Two Private Equity bought into it last year
Based out of Itally , Two Private Equity bought into it last year
It makes the Idem, Gateway and Sylvicta brands for markets including luxury products, food and consumer electronics. Quzhou was not included in the Arjo operations that went bankrupt in 2022. Fedrigoni has also acquired the former Arjo R&D facility in Grenoble, France, which focuses on advanced paper substrates, printed electronics, and RFID and holds numerous patents. It is where the PowerCoat NFC (near-field communication) substrate was developed.  The deal is Fedrigoni’s sixth  deal in the last year, purchase of the Guarro Casas mill in Spain from Arjowiggins. Founded in 1888, Fedrigoni manufacturer  of self-adhesive labels and materials and papers for luxury packaging and other creative solutions.The company currently has more than 4,500 employees in 27 countries and 48 facilities. 
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