NATUR WORLD S.P.A. BEGINS INDUSTRIAL INTEGRATION OF SIPA MANAGEMENT S.P.A.
The operation contributes to the establishment of a specialised operator in the bio-polymers sector increasingly integrated on the market, implementing the proven skills in the design of compostable and/or recyclable products of Natur World with a production reality that is a symbol of Made-in-Italy excellence such as SIPA Management.
With a 2021 turnover forecast of around 20 million euros, Natur World thus continues its path towards the establishment of an increasingly dynamic and innovative reality that in this case does not aim at a growth in volume, but rather at the implementation of synergies.
“We consider this transaction strategic for Natur World Spa also in consideration of the SIPA profile and its positioning on the green market”. Gian Luca Greco, President and CEO of Natur World declared “Given the complementary nature of the two realities, the skills will be integrated while maintaining their respective excellence, preserving the resources and industrial continuity of SIPA”.
The integration of SIPA Management sees the finalisation of an increasingly close industrial and commercial collaboration process launched in 2016: respectively with head office and production plants in Genoa and Milan, the staff of Natur World Spa and SIPA is thus made up of over 70 resources and includes engineers, specialists and technicians with highly skilled in the design and production of eco-sustainable smart materials and products.