Scatolificio Cristina is pleased to announce the signing of an agreement for an assignment of a minority share to Pusterla 1880 Spa.
The agreement allows the gradual exit of the founder Giorgio Galimberti from the shareholder structure and the simultaneous transition to majority of Pusterla, with Maurizio Galimberti taking on the position of CEO. Maurizio will hold a minority stake in the company.
With this operation Cristina is supported in the generational change by a strategic partner. This is going to strengthen its future development thanks to the integration with a master piece of the Italian carton folding industry that has become an international player with different branches in France, England and Romania.
Pusterla was established in 1880, starting its activity with the production of boxes and cartons for medical creams and syrops; in the 70S with the management of Giuseppe Meana, the company became specialized in luxury goods (cosmetics, perfumery, liqueurs, jewellery and other selected goods) and started to export to foreign markets of luxury, particularly France.
In order to consolidate and follow these markets with an efficient industrial strategy, in the beginning of the years 2000, Pusterla had started a new external growing path, that brought the acquisition of Coffret Creation, Cazelles, Thepor and London Fancy Box; and a greenfield factory in Romania, allowing Pusterla to become a benchmark for the packaging market of luxury products.
The combined expertise of the group will offer customers fully integrated solutions with flexibility, quality and innovation.
Maurizio Galimberti (Cristina CEO) commented: “This is the best business opportunity of a generation, the Group will have an unrivaled capacity to offer the best solutions for all needs, even the most sophisticated of our customers”.
Roberto Marini (Pusterla CEO) said: “Cristina fits perfectly in our group with a complementary market position; we are thrilled to have reached an agreement with this prestigious and well established family business”.