IMA Group has acquired the Packaging Machinery and Packaging Materials divisions of Sarong in Italy, enhancing its portfolio in the pharmaceutical and consumer goods sectors.

Information on the Target

The IMA Group, through its newly established subsidiary IMA Sarong, has successfully completed the acquisition of the Packaging Machinery and Packaging Materials divisions of Sarong, located in Reggiolo, Reggio Emilia, Italy, on August 1st, 2024. This strategic acquisition aims to strengthen IMA Group's foothold in the pharmaceutical and consumer goods sectors.

The Sarong Packaging Machinery division is renowned for designing, manufacturing, and selling automatic thermoforming Form, Fill & Seal (FFS) and Fill & Seal (FS) packaging machines. Primarily serving the pharmaceutical sector, this division also caters to the Home & Personal Care markets. Established in 1972, it boasts a phenomenal market share, holding nearly 70% of the world's installed capacity for suppository machinery by offering a comprehensive product range alongside high-quality after-sales services. The division has innovatively expanded its FFS packaging lines, delivering options capable of producing between 6,000 and 30,000 suppositories or ovules per hour, utilizing both plastic films and aluminum foils.

Industry Overview in Italy

The Italian packaging industry, particularly in the pharmaceutical sector, has shown robust growth driven by an increasing focus on innovative and efficient packing solutions. Italy is one of the leading player