The Italian prjnting company Rotolito Lombarda has taken over the entire share capital of Nava Press, a branch of Nava Milano SpA.
According to Paolo Bandecchi, President and CEO, Rotolito Lombarda, this is about pooling complimentary skillsets rather than simply taking over a competitor, adding: “Nava Press has 140 staff and a 2013 turnover of approximately 50 million euro of which 80% is export. The company is well-known by print buyers, both in Italy and abroad, for its high standards and technical know-how. The two companies share similar values and complement each other in the market.”
Rotolito Lombarda is one of the largest European book and magazine printers, with a consolidated aggregate turnover of approximately 150 million euro, 50 percent of which comes form overseas sales. The company was founded in 1976 by Paolo Bandecchiand employs 350 staff across five plants totalling 100,000m2. It has invested in digital, sheet and web-offset and gravure presses as well as the latest generation finishing facilities and a completely automated workflow.
Nava Press is a newly established division of Nava Milano – a printing company founded in 1922 and well known among major global luxury and fashion brands. The acquisiton does not include Nava Design, which specialises in the production of contemporary office products.
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