All4Labels Global Packaging Group, a Triton Fund V portfolio company and an international label manufacturer have acquired Etichettificio Dany.
All4Labels and the Olivieri family recently signed the agreement making Etichettificio Dany, an Italian pressure sensitive label supplier, part of All4Labels. Terms and conditions of the transaction were not disclosed.
While Etichettificio Dany becomes a fully owned subsidiary of All4Labels, Marco Olivieri, who founded and developed the business over decades, becomes shareholder of All4Labels and part of the management team. With his many years of experience and market know-how, Marco Olivieri will make a significant contribution to strengthening All4Labels’ position in Italy. Etichettificio Dany realized a total turnover of approximately € 13 million in 2020 with a facility in Riccione, serving premium SME local customers with labeling solutions for the food and beverage and home and personal care markets.
Adrian Tippenhauer, CEO of All4Labels Group said: ‘This new union with Etichettificio Dany marks an important milestone for All4Labels and especially our capabilities in Italy. We are pleased to welcome Mr. Olivieri and the Olivieri family as well as the entire employees as new members of the All4Labels Global Packaging Group. We are looking forward to continuing the success story of All4Labels together in the future. I would as well like to thank Guido Iannone as well as the Italian Triton team, especially Fabrizio Gualdi and Eleonora Astori for the great support in this transaction. Without their dedication, it would have not been possible to bring this to a success.’
Marco Olivieri, founder and owner of Etichettificio Dany said: ‘Becoming part of the All4Labels family provides us with the opportunity to contribute our know-how and capabilities to a global lighthouse in the packaging industry. This will allow Etichettificio Dany to even further improve and grow, drawing on synergies offered through this partnership.’