Ferplast acquired Marchioro for €2 mln

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In the auction with 30+ participants, all the assets of the bankrupt company Marchioro Sas di Marp Srl from Castelnovo di Isola Vicentina, Italy, were acquired by Ferplast Group. Based on an earlier assessment of the property and prospects of Marchioro, one of the leading Italian pet product manufacturer, Ferplast, offered a double price for the assets and the use of an unregistered trademark – €2.1 million.

Ferplast is committed to investing in the development of its production base. The Marchioro company used to manufacture garden and pet supplies (carriers, cages, beds, etc.), which are also distributed in Russia. The acquisition of Marchioro brand will allow Ferplast to expand its high-quality products range.

Sourse: Ferplast Group representative.

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