December 18, 2024 16:14

The Italian private equity and venture capital firm Koinos Capital has taken another step in strengthening Italy’s position in the masterbatch sector through its holding company, Impact Formulators Group, with the acquisition of Eurocolor, based in Lonate Pozzolo, Lombardia, northern Italy.

This latest addition follows last year’s acquisitions of Italy-based Masterbatch and Ultrabatch.

Eurocolor specializes in producing and marketing masterbatches for coloring and additive applications in polyolefins, styrenics, and engineering polymers.
With 26 employees and six production lines, the company serves industries such as luxury footwear, cosmetics, hygiene, and sports accessories. The company has reported an annual growth rate of 6% and an EBITDA of more than 20%. Founders Maura Pruneri, Gianluca Fabris, and Annamaria Giraldo will continue to lead the company and reinvest in the group’s holding.

“With the addition of a company of excellence like Eurocolor, Impact Formulators Group achieves leadership in the Italian masterbatch sector and strengthens its position. Thanks to this integration, our offering becomes comprehensive and widespread, enabling us to vigorously pursue the development of our industrial project with the goal of more than doubling our turnover – currently around €45 million – within the next two years,” commented Nicola Strazzeri, CEO of Impact Formulators Group.

Founded in 2023 by the Koinos Uno - the private equity fund of Koinos Capital -, Impact Formulators Group includes Ultrabatch, a company specialised in additive masterbatches for agriculture, and Masterbatch, focused on flame-retardant additive masterbatches for the construction and electrical cable sectors.

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