GPA Becomes Part of the Fedrigoni Group
Tuesday, April 14, 2015
Press release from the issuing company
Chicago, IL – GPA, the market leader in North America of specialty substrates for digital, offset and wide format printing announces that effective April 2, 2015, the company has officially joined the Fedrigoni Group.
A well-established company serving the specialty paper market in North America, GPA has grown to become the premier source of high quality substrates and new product innovation, all supported by uniquely talented technical experts. Now, part of the Fedrigoni Group, GPA will be focused on the continued expansion of their broad-based portfolio of products and services.
“In concert with our new partner Fedrigoni, this arrangement puts GPA in an incredible position to serve the graphic arts industry. Fedrigoni is known and respected worldwide as a manufacturer of fine papers and adhesives, offering over 13,000 SKUs, and with their support, we will continue to develop our innovative product portfolio and offer even greater value to our customers. I look forward to the further innovations and growth we will achieve together,” said Bob Niesen, President and CEO at GPA.
All current members of GPA’s management team will continue to serve the company under the new organizational structure as they have. GPA’s customers and suppliers can look forward to continuing the strong relationships they have forged, and to greater opportunities for success.
The Fedrigoni Group, based in Verona, Italy, is a leading international player in the production and sale of various types of paper and in particular high value added paper, security products and self-adhesive items with a rich history dating back to 1888. As a specialty manufacturer of fine Italian papers for designers, end-users and printers, they distribute to over 80 countries worldwide. GPA joins Fedrigoni’s world-class network of companies; in 2002, the fine art paper company Fabriano joined the Fedrigoni Group. Fabriano was established in the year 1264 and boasts Michelangelo as one oftheir satisfied customers.
Fabriano paper, with 750 years of history to its name, is part of Italy’s cultural heritage and is chosen every year by millions of students and artists in Italy and throughout the world. Fabriano is also the sole Italian producer of paper for banknotes accredited by the European Central Bank for producing the watermarked paper of the Euro banknotes and producessecurity items and security paper for central banks and printing institutes. Fedrigoni’s dedication to innovation, quality and strong customer relationships makes them a perfect fit for GPA.
Prior to becoming part of the Fedrigoni Group, GPA was owned by Svoboda Capital Partners for the last ten years. Under their ownership and guidance, GPA has achieved significant growth.
"On behalf of Svoboda Capital Partners, it has been a pleasure to work with the very talented group of professionals at GPA over the last decade. They have built an excellent organization that is highly respected within the industry. As a key strategic partner for many years, we know Fedrigoni will enhance GPA's strong market position as the two companies come together," said John Svoboda, Managing Director of Svoboda Capital Partners.
“This acquisition is in line with the Fedrigoni Group’s strategy for growth in the international markets, having the aim of furtherasserting our leadership in value-added and highly profitable segments,” stated the Company’s CEO Claudio Alfonsi, who continued: “We are extremely pleased, because thanks to GPA, the Fedrigoni Group will now be able to serve and support the US specialty substrate market with well-consolidated coverage; this will constitute a solid base for the future distribution of complementary products. We have known and appreciated the GPA team for many years, and are aware that they have the same working and market philosophy as us. We look forward to working together on many opportunities in the North American markets.”
Post a Comment
Copyright © 2019 WhatTheyThink. All Rights Reserved