Imprima SpA to promote innovation in textile printing and finishing in Italy

Wise Sgr, an Italian private equity fund management firm, has opened Imprima SpA a new holding company, dedicated entirely to development and innovation in the textile printing and finishing sector in Italy .

It is first action Imprima S.p.a has acquired 100 percent of the German finishing and textile printing company KBC and Guarisco, Italian printed-fabric firm and said it is preparing for new acquisitions in Italy and abroad..

According to the firm, the company’s business model will be centred on the concept of sustainability understood as financial, industrial, social, and environmental sustainability.

Thanks to the creative heritage of the brands acquired through new holding Imprima, clean and smart manufacturing, proximity to markets, high quality, and sustainability, Imprima aims to establish itself as a preferred partner for brands and retailers in the world of fashion.

Imprima, based in Milan, is funded by a pool of financial investors led by Italian private equity fund Wisequity IV, managed by Wise Sgr, a company that has already supported the development of other successful companies in the textile supply chain.

Co-CEO of Imprima, Paolo Gramaglia said that they started with two milestones in the industry: KBC, a company with more than two and a half centuries of history that is characterized by a refined and distinctive design and creative heritage and positioning, and Guarisco, an Italian family company, dynamic, young, known for design that rapidly transposes the fashion factor to bring it to the world of fast fashion.

Over EUR 30 million are planned for investments in technology and an acquisitions programme that continues to this day. They are working to finalise other top level acquisitions in Italy and abroad, added co-CEO of Imprima Chiaretto Calò.

There are industrial solutions but their adoption on a global scale requires volumes, capital, human resources and management that is in an advanced stage of the necessary learning curve: all elements that they have collected at Imprima and its subsidiaries.

Leading the new company will be Paolo Gramaglia and Chiaretto Calò, who share the role of co-CEO of the Imprima group, assisted by Vice President Gianluca Boni and CFO Giovanni Lorato. The management will act in coordination with Valentina Franceschini, Partner of Wise SGR and President of IMPRIMA, and Luca Boni, Director Wise SGR.

The entrepreneur Marco Guarisco and associate Andrea Moretti will remain in all operational effects in their current positions. The CEO of KBC Henri Rowienski will also continue to lead the German company.

The textile printing industry today is worth about 20 billion linear metres, and is growing at a compound annual rate of 2.5%. The digital component of this sector, which today represents only 3-4%, continues to grow at a rate of 20% per year and is expected to reach 2 billion metres by 2020.

Recent Posts

Kathmandu unveils carbon capture technology activewear

Kathmandu has launched Seeker range, an innovative and sustainable activewear collection that merges eco-friendly advancements with functional design.

1 day ago

GOTS joins Make the Label Count for textile sustainability

The Global Organic Textile Standard (GOTS), managed by the non-profit organization Global Standard, has joined the Make the Label Count…

1 day ago

Pact Group, BlockTexx to boost garment recycling

Packaging company Pact Group has partnered with textile recycling technology firm BlockTexx to develop a system for recycling discarded clothing…

1 day ago

Loftex promotes sustainability with innovative towel collection

Loftex USA is strengthening sustainability with the launch of eco-friendly towel sets, blending innovative performance features with luxurious designs.

2 days ago

Toray Industries produces sustainable acrylic fiber

Toray Industries, Inc. announced that starting this April, it will implement the mass balance approach in manufacturing its TORAYLON™ acrylic…

2 days ago

Cxffeeblack, COMOCO Cotton develop sustainable t-shirt

Cxffeeblack has joined forces with COMOCO Cotton, a sustainable textile company, to create a special coffee-dyed T-shirt made from unbleached…

2 days ago