The private equity Entangled Capital announces the second investment funds operation of the EC I Fund , namely 73 % of Nuova Pasquini & Bini , a company from Altopascio in the province of Lucca , dynamic in the invention and production of regenerated plastic passel for the production of plants and for the furnishing of greenish spaces .
NP&B was founded in the 1960s and in 1998 was produce by the Checchi and Silvi class who immediately took aid of the industrial growth of the company , contributing to development , innovation and presence on the external market . Today the Checchi and Silvi family line have decided to re - invest 27 % hold their of import presence within the company , and supporting the EC I Fund in the route of growth and strengthening of the fellowship ’s presence on the grocery store , specially international .
Despite the period of force closure due to the Covid emergency , Nuova Pasquini & Bini achieve , in 2020 , a total turnover of more or less 22 million - an increment compared to 2019 - with an excellent profit , about 20 % , and more than 40 employees .
growing afield and m & a"What impressed us about the company , " said Roberto Giudici , chief executive officer of Entangled Capital , " are its strength . First of all , the role of regenerate credit card , that is , the fabric deriving from of the plastic recycling process , used for example for bitumen or asphalt and which correspond about 40 % of virgin plastic reuse in Italy " . This is used " to produce pots and sold on the B2B market to growers of plants designate for large blank space or direct seller , a market that is booming because it is sustainable and useful for reduce CO2 emissions " .
With about 10 thousand short ton of plastic moulded in a year , of which 80 % is reuse and regenerated charge plate , Nuova Pasquini & Bini produce over 22,000,000 pots for more than 4,000 customers worldwide . " The company - append Giudici - achieves over 50 % of its turnover outside Italy in land include Saudi Arabia , United Arab Emirates , Spain , Holland , Germany , United Kingdom and especially North America , one of the largest markets in the world and where this year the company is doubling its turnover rate ” . Precisely in North America " we shoot for to produce the companionship " .
The production capacity and the breadth of the catalogue , together with the research and development activity , are the other effectiveness of the company . NPB internally grow the pattern and deals with the molding of finical pots such as those specialized for hydroponic cultivation or made with biocomposite chemical compound , with a in high spirits contentedness of biobased stuff and from renewable sources , germinate in collaboration with the Department of Civil and Industrial Engineering of the ' University of Pisa . The main product of the company is represented by the pots of the NPB injectant line , produced with highly technical and totally robotized machinery which expend reclaim and lineament materials and that guarantee a high seal even in climatical conditions that tack unlike temperatures on the same day .
The companionship has " an excellent gross profit margin and excellent emergence prospects to consolidate its leadership , in Italy and in Europe " , observes Giudici , " and the goal is to double or almost double its turnover in the next five years " .
For more data : Nuova Pasquini e Bini SpaFrancesca Bertelli , Paolo Pampaloni+39 0583 264656[email protected]www.pasquiniebini.com
