INTRODUCING TAPÌ’S ABOR PROJECT

Massanzago (PD), 2nd November 2017. The concept of sustainable design, combining nature and technology in customized and – at the same time – functional solutions, is being increasingly applied in the packaging segment, especially in the spirits sector. The Tapì Group’s innovative ABOR project makes a telling difference in this area, based on research into the reuse and creative recycling of distillation residues from our clients’ products.

A revolution that returns to the material origins of the distillate and therefore to its connection with the products of the soil from which it derives: ABOR is an abbreviation from the Latin “ab origine”, literally “from the beginning”, “from the start”.

Here at Tapì, our experience and continuous investment in design research and innovative processes has enabled us to create this new range of closures, which re-use distillation residues, usually thrown away by manufacturers as waste materials. It is therefore a re-use of dry, plant material at the end of its useful life, which is combined with other materials to create intrinsically ecological, but at the same time functional closures, suitable for closing any spirit in a hermetic and completely inert fashion.

Closures can be made from marc, barley malt, sugar cane, maize, rye, agave, juniper and other natural materials from which the world’s most famous distillates are made. Through the ABOR project, the product and its history once again take centre-stage, bringing out the best in the raw materials, in their naturalness, becoming part of the packaging itself.

“ABOR is a new way of conceiving design for the spirits market and is also an opportunity to create brand awareness in an eco-sustainable way. This project has ensured that packaging for the spirits industry will never be the same again”, says Domenico Liberati, Managing Director R&D; of Tapì Group, who on 31 October presented the new ABOR project in London at the exclusive 2017 Spirits Strategies Congress.

The Tapì Group

Tapì is an international group specializing in the design, production and distribution of high-end technological closures for the packaging world.Tapì develops products for the spirits, wine, oil and condiments, cosmetics and beer sectors. With over 400 employees worldwide, providing support for over 3,000 bottlers in over 60 countries, Tapì has consolidated its global presence with a series of sales offices, R&D; facilities and distributors.The Tapì vision is clear: to become the world’s leading supplier of alternative closures for the packaging design market. To achieve this goal, the company invests continuously in research & development, in people and in communicating its brand value and strength, with a view to growing as an international group.

Abor: the range of ecological closures made out of distillation residues

TAPÌ GROUP, OWNED BY WISE SGR, CONTINUES ITS EXPANSION PATH. ACQUIRED TAPÌ ARGENTINA TO DEVELOP SOUTH AMERICA MARKETS.

Massanzago (PD), 2nd November 2017 – Through a new strategic transaction, Tapì enhances its presence on the South America markets, thus further strengthening its positioning as a growing Multinational Group in the packaging industry, focused on the design, production and distribution of closures for the beverage market.

The company, owned by Wise SGR through Wisequity IV fund with co-investors being Nuova Energia Holding, EuroInvest and the management, completed today the acquisition of Tapì Argentina. Moving from a minority stake, the Group now owns 90% of the shares, with the remaining 10% being held by the current CEO of Tapì Argentina, Mariano Paz, who will keep running the company aiming at the development of the South America markets.

This transaction brings to Tapì Group a fourth manufacturing plant, that will cover the demand throughout South America, while the other three plants (one in Mexico and two in Italy) provide closures to a number of customers in North America, Canada and Europe.

Roberto Casini, Tapì Group CEO, said: “The acquisition of Tapì Argentina is part of the strategic development plan the Group is following, with the aim of strengthening the leadership positioning in the premium and super premium beverage closures niche. Following the acquisition of Tapì Group by the Italian private equity fund Wise in January 2017, this development further speeds up with the aim of intensify the Group international competitiveness”.

Mariano Paz, CEO of Tapì Argentina, said: “I’m glad to keep developing the company I contributed to start up back in 2004. I’m sure the years ahead will be plenty of challenges and opportunities thanks to the support of a multinational group such Tapì is”.

Stefano Ghetti, Wise Partner, said: “We are extremely proud of the involvement of Tapì Argentina in the Group. This is the first step towards the creation of a global champion within a well identified niche that is a key pillar of Wise positioning and strategy aimed at sustaining portfolio companies growth, both organically and through buy and build projects”.

For Wise, the transaction has been carried out by Stefano Ghetti and Marco Mancuso while for Tapì, by Roberto Casini, Group CEO, and Claudio Giunta, Group CFO. Tapì has been advised as legal counsel by Marval, O’Farrell & Mairal while KPMG managed the financial and tax due diligences

Tapì Group

Tapì is an international Group specializing in the design, production and distribution of high-end technological closures for the packaging world.

Tapì develops products for spirits, wine, condiments, cosmetics and beer sectors. With over 400 employees worldwide, providing support for over 3,000 customers in over 60 countries, Tapì has consolidated its global presence with a series of sales offices, R&D; facilities and distributors.

The Tapì vision is clear: to become the world leading supplier of alternative closures for the packaging design market.To achieve this goal, over the years the company has continuously invested in research & development, in people and in communicating its brand value and strength, with a view of steadily growing as an international Group.

Wise SGR

Wise SGR SpA (www.wisesgr.it) specializes in the management of Private Equity closed-end funds, investing in small and medium-sized companies, with a special focus on Italy. The funds managed by Wise are typically involved in leverage buy-out and capital increase transactions, dedicated to companies that are leaders in their niche markets. The two major objectives are to lead “build-up” transactions, in order to enhance competitiveness and profitability, and to push the international development. Wise, controlled by the management team, has currently three funds under management: Wisequity II, with total commitment of 170 M€, that is in the divestment process; Wisequity III, with commitment exceeding 180 M€, has four remaining companies in the portfolio: Alpitour, Colcom Group, NTC-PH&T; and Controls, having already realized the investments held in Edos Media, Kijan, Primat and Biolchim; Wisequity IV closed the fund raising in March 2016 reaching its hard cap at 215 M€ and already invested in five companies: Corob, Imprima (KBC and Guarisco), Tapì, Tatuus Racing and Aleph.

 

 

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