Pregis Protective Packaging Europe has announced the acquisition of Airgo, its largest distributor of systems solutions in Italy.

Pregis is the global leader in protective packaging with a wide range of environmentally-sound, performance-oriented products, ranging from Jiffy Mailing Solutions and AstroBubble air cushioning to AstroFoam sheet foam and AirSpeed inflatable systems. One of the company’s strongest USPs is the highly localised service it offers to customers across Europe, and the acquisition of Airgo will further strengthen its position in Italy, enabling the two companies to work together to deliver an industry-leading portfolio of packaging products, technologies and solutions.

At the same time, this also demonstrates Pregis’ ambition for continued growth throughout Europe by delivering the best service and most innovative products.

After providing years of quality distribution services to Pregis, Airgo will become part of the company’s manufacturing operations, working together to deploy cutting edge products into the Italian marketplace. The combination of Airgo’s understanding of the local market and customers with Pregis’ expertise will also enable the opening up of new market sectors.

In order to make the integration of the two companies as seamless as possible for existing Airgo customers, founder Paolo Govoni will remain at Pregis in a managerial role while also maintaining close contact with customers.

“We are delighted to be joining Pregis and to be able to continue to develop the company’s reputation in the Italian market,” commented Govoni. “We believe that together we will set the standards in innovation, quality and service, and deliver customer satisfaction results difficult for any competitor to replicate.”

Pregis enjoys market leadership in the vast majority of countries in which it operates with the ability to offer an appropriate solution to meet the needs of virtually any application. Its extensive representation throughout both West and East Europe, gives it the flexibility to serve local, national and international customers on an equal basis, and it is these benefits that the acquisition of Airgo will further enhance.

“At Pregis, we constantly strive to provide world-class packaging solutions, service and systems,” said Kevin Baudhuin, President, Global Protective Packaging. “This latest initiative is indicative of our commitment to continue to build on our strengths in order to become our customers’ partner of choice across all packaging products. The opportunities for the company are endless, and I’m excited about our future.”

Pregis NV

Marketing

Tel: +32 (0) 11 370 128

E: ppemarketing@pregis.com

www.pregis.com

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