Italy’s Lucart is to strengthen its presence across Europe after signing an agreement to acquire control of Cartindustria Eurocarta, one of Europe’s leading independent converters in the professional hygiene market.
It marks a significant step in enhancing Lucart Group’s presence in the AfH channel.
In 2024, Cartindustria Eurocarta recorded a turnover of €78.5m, converting over 40,000 tonnes of product.
Sales distribution is 44% in Italy and 56% in other markets.
Francesco Pasquini, Chief Executive of Lucart, said: “A long-standing customer of our semi-finished products, Cartindustria Eurocarta is the ideal partner to continue our Group’s growth strategy in the AfH channel.
“Its production flexibility and customer-centric approach align with Lucart’s value proposition, enabling us to more comprehensively meet the needs of the European professional market.
“Moreover, the common ground with the Agati Family and the trust in the current management made this partnership a natural step, one that will strengthen both Eurocarta and our Group.
“With this operation, Lucart further consolidates its leadership in the Italian AfH market and its position as the second largest producer of professional products in Europe.”
Established in 1993, Cartindustria Eurocarta has over thirty years of experience, a wide and customised range of products, and a well-established presence in the Italian and French markets.
Paolo Agati, Founder and Chairman of the Board of Cartindustria Eurocarta, said: “Lucart’s entry into our corporate structure marks a pivotal milestone for our company.
“This strategic move ensures continuity, sustainability, and strength in the growth journey we have undertaken over the past decade, enhancing our ability to compete on a European scale.”
