We are committed to expanding our sectorial diversification and this acquisition marks another important step towards increasing our activities in the food industry. We are excited to welcome Paolo to our team and ensure a smooth transition.
Safic-Alcan consolidates its presence in the food market and acquires PNP S.R.L
Paris-La Défense, March 3rd, 2023
Safic-Alcan, a leading distributor of specialty chemicals, has announced the acquisition of 100% of PNP, an Italian food ingredients distributor.
Founded by Mr. Paolo Pennati in 2012, PNP has a strong presence in the dairy and food ingredients market, with its headquarters located in Milan. This acquisition will complement the business of Castelli Food, which Safic-Alcan acquired in 2019.
"I am delighted to join the Safic-Alcan family and look forward to leveraging the synergies between our companies to create value for our customers," added Mr Paolo Pennati.
About PNP S.R.L Safic-Alcan is a French independent distributor of specialty chemicals headquartered in Paris La Défense (France). The Company develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, adhesives, thermoplastics, polyurethane, lubricants, detergency, cosmetics, pharmaceuticals, and nutraceuticals industries. With a network of 33 offices strategically located in Europe, Turkey, Middle East, North America, Mexico, South America, China and South Africa, and 733 people worldwide, Safic-Alcan generated a turnover of 725 M€ in 2021. Learn More
About PNP S.R.L
PNP Srl is an Italian Company specialized over the years in the sales of milk products with growing success both with the big names in the Italian food industry and with important small and medium-sized players in the variegated and fragmented Italian food ingredients market. PNP also provides to customers solutions and know-how to enhance the milk products performance across different applications
- Article (7548)
- Formulation (135)