Nextalia SGR S.p.A. has completed a minority stake investment in Flo S.p.A., an Italian leader in sustainable food packaging, aimed at enhancing the company's operational capacity and market competitiveness.

Information on the Target

Flo S.p.A. ("Flo" or the "Group") is a leading Italian company specializing in food packaging, prominently positioned in specific segments across Europe. Established in 1973 and still family-operated under the leadership of the Simonazzi family, Flo has developed a robust growth trajectory, serving over 2,600 customers with a workforce of approximately 680 employees across five production facilities located in Italy, France, and the United Kingdom. The company achieved revenues of €180 million in 2024, showcasing its strong presence in the international market.

The Group produces food containers using various materials, including plastic, bioplastic, paper, and premium sustainable materials, such as its own AlphaⓇ line made from paper and QwarzoⓇ. The recent investment supports Flo's efforts to enhance its capital structure and operational capacity while focusing on the development of innovative and sustainable products.

Industry Overview in Italy

The Italian packaging industry has witnessed significant advancements, propelled by an increasing consumer demand for sustainable solutions. The growing awareness of environmental issues has led to a sur