Brookfield has agreed to acquire Fosber, an Italian corrugated packaging machinery supplier, for approximately $900 million, pending regulatory approval.

Information on the Target

Brookfield has reached an agreement to acquire Fosber, a prominent corrugated packaging machinery supplier based in Italy, for approximately $900 million. Established in 1978 and situated in Lucca, Fosber specializes in designing high-speed corrugating machines and provides maintenance services, spare parts, and digital monitoring solutions for packaging manufacturers worldwide. The company has an operational presence not only in Italy but also extends to the United States and China.

Fosber's prior ownership by Guangdong Dongfang Precision began with an investment in 2013, culminating in full acquisition in 2017. The planned carve-out from Dongfang is pending regulatory approval and is projected to finalize in 2026.

Industry Overview in Italy

The corrugated packaging industry in Italy represents a vital segment of the broader manufacturing sector, known for its robust contributions to sustainability and the economy. Italy is one of Europe's largest producers of corrugated cardboard, be