A&M Capital Europe (“AMCE”), a leading European middle market private equity operator based in London and under management of 650 million euros, has signed an agreement for the acquisition of control of Carton Pack, an Italian group leader in the development, production and marketing of packaging multi-material for the food sector, with particular specialization in the segments fruit and vegetables and "ready to eat".

Carton Pack, founded in 1970 by the Leone family and headquartered in Bari, is today one of the leading Italian producers of packaging for the fruit and vegetable sector. Over the years it has developed an important international presence (approx. 30% of sales are generated abroad) and it has expanded its product portfolio towards innovative and sustainable materials such as recycled PET, paper, cardboard and pulp paper. The company has about 400 employees with 3 production sites and 15 distribution centres between Italy and Spain, serving over 1,300 customers in 40 international markets through an innovative and multi-material approach.