The acquisition is part of Fedrigoni’s global expansion strategy in high value-added papers for luxury packaging and premium labels

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Fedrigoni to acquire 100% stake in Papeterie Zuber Rieder. (Credit: Viktor Nikolaienko on Unsplash)

Italy-based high-end papers producer Fedrigoni Group has inked an agreement to acquire 100% interest in Papeterie Zuber Rieder.

Fedrigoni said that the deal is intended to create the first global firm in premium papers for wine & spirits.

The acquisition is part of Fedrigoni’s global expansion strategy in high value-added papers for luxury packaging and premium labels.

Established in 1881 in Boussières, France, Zuber Rieder is said to be specialised in the manufacturing, process and finishing of high-end papers for the luxury industry, the wine and spirit labels and the communication niche markets.

The product range also includes paper ranges held in stock and a wide selection of papers manufactured to order for demanding customers.

Fedrigoni Group CEO Marco Nespolo said: “We are very pleased to announce our intention to acquire Papeterie Zuber Rieder.

“Their marked specialist skills and proprietary technologies will allow us to supplement our already rich product portfolio both for papers for luxury packaging and those for high-end wine & spirits labels, where we want to consolidate our position as the leading global player.

“This future transaction once again shows that we are determined to pursue a constant global strategy of growth, both in speciality papers for all creative applications and in premium self-adhesive materials, in order to better serve our customers worldwide”.

The partnership will help Fedrigoni Group to become a global manufacturer of premium wine and spirits papers, and Zuber Rieder will use Fedrigoni’s production capabilities and international network to continue its growth.

Papeterie Zuber Rieder chairman and chief executive officer Luc Gaillet and Alain Martz, respectively said: “Zuber Rieder and its people could not find a better ‘home’ to grow, consolidate and face new challenges.

“The Fedrigoni Group is a century-old industrial company like Zuber Rieder, with ambitious international development goals, to which we will be pleased to give our contribution.”