{"id":63915,"date":"2018-07-10T11:38:13","date_gmt":"2018-07-10T09:38:13","guid":{"rendered":"https:\/\/www.converter.it\/nb-renaissance-partners-acquires-uteco-group\/"},"modified":"2021-06-22T17:17:36","modified_gmt":"2021-06-22T15:17:36","slug":"nb-renaissance-partners-acquires-uteco-group","status":"publish","type":"post","link":"https:\/\/www.converter.it\/en\/nb-renaissance-partners-acquires-uteco-group\/","title":{"rendered":"NB Renaissance Partners acquires Uteco Group"},"content":{"rendered":"<p>&#8220;In strong continuity with the results of great growth achieved in all these years and with the confirmation of the shareholder management, the aim of the Uteco group is to strengthen itself more and more as a champion of the &#8220;Made in Italy&#8221; technological excellence in the world, with an even stronger presence in all international markets thanks also to the expansion with future acquisitions in Italy and worldwide; always preserving the Verona area (enriched with the new 4th establishment under construction) as the central hub of every development guideline&#8221;.<\/p>\n<figure id=\"attachment_26112\" aria-describedby=\"caption-attachment-26112\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-26112 size-full\" src=\"https:\/\/www.converter.it\/wp-content\/uploads\/2018\/07\/Sede-Uteco.jpg\" alt=\"\" width=\"640\" height=\"250\" \/><figcaption id=\"caption-attachment-26112\" class=\"wp-caption-text\">Uteco headquarter at Colognola ai Colli, near Verona &#8211; Italy<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>TOP MANAGEMENT AND CURRENT MAJORITY SHAREHOLDERS\u00a0WILL RETAIN A MINORITY INTEREST<br \/>\n<\/strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-19288\" src=\"https:\/\/www.converter.it\/wp-content\/uploads\/2017\/07\/Uteco-Onyx-XS-EcoOne-300x200.gif\" alt=\"\" width=\"300\" height=\"200\" \/>NB Renaissance Partners has signed a binding agreement for the acquisition\u00a0of a majority stake in Uteco, a leading manufacturer of printing\u00a0machines for the flexible\u00a0packaging industr\u03b3. Uteco Group&#8217;s top management team and current majority shareholders will\u00a0retain stakes of approximately 9% and 10%, respectively,\u00a0following completion of the deal.<br \/>\nHeadquartered in Colognola ai Colli (Verona), Uteco Group is active in the design, engineering\u00a0and production of printing machines for flexible packaging. Uteco offers a complete range of\u00a0printing machines\u00a0(flexographic, rotogravure, digital and special configurations) as well as coating and lamination machines.The Company is global co-leader in flexographic printing machines, the most promising technologies, with\u00a0an undisputed leadership position in the US and Italy. In\u00a0addition, the Company is recognized as a technological leader also in the fast growing digital machines segment.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-17983\" src=\"https:\/\/www.converter.it\/wp-content\/uploads\/2017\/02\/Uteco0011-300x200.gif\" alt=\"\" width=\"300\" height=\"200\" \/>Uteco experienced strong growth\u00a0over the last years, increasing value of production from\u00a0approximately \u20ac58 million in 2008 to approximately \u20ac127 million in 2017. International markets\u00a0have been developed significantly and now represent approx. 75% of total sales with further\u00a0expansion potential. Uteco Group today counts on an installed base of over 3.000 machines worldwide, operates\u00a0three plants in Italy, and sells its products through both\u00a0a direct salesforce and a network of over\u00a040 agents. Uteco has been present in North\u00a0America since 1991 with its own sales and assistance\u00a0network and in\u00a0Singapore with\u00a0a sales office since 2016.<\/p>\n<p>&#8220;Uteco represents an Italian leader with\u00a0a global reach and a strong positioning in the printing\u00a0machines for flexible packaging, a sector underpinned by important long term growth\u00a0trends\u00a0worldwide. As a result of its continuous investment in R&amp;D and product development, Uteco\u00a0today represents a unique player in the sector and our goal is to support management to further\u00a0accelerate the Group&#8217;s expansion in the international markets&#8221;, said <strong>Marco Cerrina Feroni and Stefano Bontempelli, Senior Partners of NB Renaissance.<\/p>\n<p><\/strong><\/p>\n<figure id=\"attachment_20751\" aria-describedby=\"caption-attachment-20751\" style=\"width: 241px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-20751\" src=\"https:\/\/www.converter.it\/wp-content\/uploads\/2017\/12\/Aldo-Peretti-Uteco-241x300.gif\" alt=\"\" width=\"241\" height=\"300\" \/><figcaption id=\"caption-attachment-20751\" class=\"wp-caption-text\">Aldo Peretti, Ceo di Uteco<\/figcaption><\/figure>\n<p>From Uteco side, this is the comments of <strong>Aldo Peretti,\u00a0Simone Quinto and Stefano Russo, CEO,\u00a0CFO and COO of Uteco Group<\/strong>: &#8220;Today marks for\u00a0Uteco the beginning of a new phase characterized by new growth\u00a0opportunities and\u00a0technological advancements, investments in new production capacity (the fourth\u00a0plant in Italy\u00a0will be operational by year end) , reinforcement of the company&#8217;s positioning worldwide and\u00a0selected strateglc acquisitions,\u00a0with the objective of making Uteco the point of interest and\u00a0center of excellence for Made in Italy worldwide&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;In strong continuity with the results of great growth achieved in all these years and with the confirmation of the shareholder management, the aim of the Uteco group is to strengthen itself more and more as a champion of the &#8220;Made in Italy&#8221; technological excellence in the world, with an even stronger presence in all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[455,460],"tags":[],"class_list":["post-63915","post","type-post","status-publish","format-standard","has-post-thumbnail","category-converter-flessibili-carta-cartone","category-industry-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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