Grifal has opened Grifal GmbH in Stuttgart with the purpose of supporting its sales force in the most important European market for packaging, namely Germany. A parallel goal is also to build out the initial phase of the internationalization of the company, which is planning on establishing a new production site for cArtù in Romania in 2019. This represents yet another step towards a wider distribution of cArtù in Europe by means of a network of production sites located in directly in each country. All the details are available in this article published in the Corriere della Sera di Bergamo on December 19th 2018. Click on the image to read the article ⬇
Grifal SpA has acquired a 15% share of Buxkin BV (www.buxkin.com), a Dutch company that markets solutions for acoustic treatments and the decoration of interior spaces. Grifal, by virtue of its patented corrugating technology, has made possible the creation of a new line of exclusive and environmentally friendly products made with felt and recycled leather. Buxkin’s introduction of these corrugated materials for “green design” has met with great success all around the world, based on their sound absorption properties and strong visual appeal. Some of their most noteworthy recent projects have been the interior decoration of the Court of Justice of the European Union and the administrative offices of Amazon and Ikea. This is the first example, outside of the packaging sector, of the strategic potential for this innovative corrugation technology. Here is the link to the article (in italian) appeared on the Borsa Italiana website: https://www.borsaitaliana.it/borsa/notizie/market-insight/dettaglio/364367.html
The newspaper L’Eco di Bergamo just published an article about Grifal’s upcoming listing on the AIM Italia stock exchange. We just finished our roadshow and were greeted with a lot of investor interest. Now we begin the formal process to be a listed company. The article can be found on page 9 of the Friday, May 18th issue of the paper.
Innovations in sustainable packaging Grifal, a global leader in packaging solutions, will be showing its next-generation technological innovations at IPACK-IMA 2018, Italy’s premier trade show for the packaging industry. The company will present its groundbreaking materials for packaging, custom packaging design and its ISTA-certified testing services conducted in its own laboratory. cArtù®: The star of IPACK-Mat! Grifal is bringing cArtù®, its revolutionary corrugated cardboard that is simultaneously cushioning, flexible and extremely resistant to compression, to IPACK-Mat (Hall 14, Stand C36), the new satellite trade show that takes place alongside IPACK-IMA dedicated to innovative new materials and premium packaging solutions. cArtù® is able to substitute the plastic components commonly used in protective packaging. Grifal is going to the 2018 Packaging Oscars! The winners of this year’s Packaging Oscars will be announced on the 30th of May in Hall 14 of IPACK-Mat 2018. Grifal is among the selected finalists with its all-cArtù® solution for Gewiss floodlights. The winner will receive the prestigious “Oscar dell’Imballaggio” presented by the Italian Packaging Institute. Grifal’s solution for Gewiss, running for the Italian Packaging Oscars, Best Packaging 2018 Where to find us: Hall. 10 Stand D30 - E29 | Hall. 14 Stand C36 (IPACK-mat): FieraMilano RHO When it is possible to visit the fair: IPACK-IMA will be held from 29 May through 1 June, from 09:30 until 18:00. How to get to IPACK-IMA (FieraMilano Rho) It's easy to get to the trade show by car, train, metro or via the Malpensa Shuttle. All travel information is available on the official website of IPACK-IMA (click here).
With its successful roadshow just completed, Grifal has begun the process of book building in advance of its imminent listing on the AIM Italia market. Investor interest is very strong and the listing should take place at the beginning of June, as reported here on the website of the Borsa Italiana.
Today is day one of the Grifal IPO roadshow. The company, located in the province of Bergamo, is a supplier of industrial packaging solutions and the owner of multiple patents such as Mondaplen and cArtù. It hopes to begin trading on the AIM exchange of the Borsa Italiana by the end of Q2. The capital raised will be used to expand distribution in Italy and abroad, to develop an online sales channel and to further invest in research and development in technology as well as for the product line. Read all the details of the announcement [in Italian] directly on the TGCOM24.com website.