Nuceria Group has raised capital to fund an ambitious investment plan for the period 2016–2018 to set up a new department focused on eco-friendly packaging solutions.
Nuceria Group was founded in Salerno, Italy, in 1984 as a company specialized in the production of adhesive labels. Due to its high quality and investments in progressive and constant innovation, the company became the market leader in Italy and is a landmark in the development of integrated packaging solutions (labels, folding boxes, flexible packaging). Some of the company's clients include Jhonson&Jhonson, Procter&Gamble and Colgate Palmolive. In 2014, Nuceria Group started a plan for external growth through the acquisition of 100% of the shares of Appia labels, a company specialized in printing digital labels for the wine industry.
Oaklins' team in Italy assisted Nuceria Group on the fundraising process for its investment plan in the Milan plant. The team prepared the business plan and the investment case to be submitted to Regione Lombardia, and then negotiated the grant and the payment periods.
Guido Iannone, General Manager at Nuceria Group, said: "The team assisted us in finding the financial resources to accelerate the implementation of our plans: given the innovation of the new solutions adopted and their implicit risk, the support of an important public grant has been vital to the realization of our eco-friendly plan. For years we have been convinced that sustainable development is the only possibility to preserve the quality and quantity of heritage and nature reserves, while being at the same time an important business opportunity to differentiate ourselves from competitors. Our investments for the future are focused in this direction, studying and developing new eco-friendly packaging solutions."
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