Fedrigoni and Mohawk Forge Manufacturing Partnership to Expand Specialty Papers Reach Globally

This strategic agreement will allow Fedrigoni to expand its presence in the American market and consolidate its position as the world leader in specialty papers for luxury packaging, and for Mohawk to accelerate its commitment and focus on the development of solutions ever more efficient, innovative and sustainable.

[Milan (Italy), Cohoes (NY-United States)] – Fedrigoni Group and Mohawk Fine Papers, Inc. have entered into a manufacturing agreement to expand the reach of their specialty papers globally. The shared core values ​​of craftsmanship, innovation and sustainability make this a natural and valuable opportunity for both organizations. The Fedrigoni group is the world’s leading player in the manufacture of high value-added special papers for luxury packaging and other creative applications and the world leader in premium labels and self-adhesive materials. Mohawk, founded in 1931, is a family-owned company that manufactures some of the world’s most recognized specialty papers for designers, consumer brands and printers. Mohawk’s early innovation in digital printing and sustainability has secured its leadership position in these two important growth areas.

“The agreement with Mohawk is an additional element of our growth strategy in a market with good prospects such as specialty papers, particularly for luxury packaging, where we intend to consolidate our global leadership. Many synergistic opportunities are also present for our self-adhesive materials division, which will strengthen its leading position in premium labels for the wine market in the United States”, comments Marco Nespolo, CEO of Fedrigoni Group. “This is an important step forward to strengthen our geographic penetration in the United States, where we will produce and directly distribute high value-added papers, exploiting all possible industrial and commercial synergies with our Group. We will also better support the ESG strategies of our clients, particularly those in the luxury sector, by giving them the possibility of switching to nearshoring rather than global purchasing.”

“We are pleased to build on our family’s legacy of manufacturing and distributing paper that is recognized and trusted worldwide for the many uses of our customers,” said Thomas O’Connor, Jr. CEO of Mohawk. “Like Mohawk, the Fedrigoni group is focused on expanding the specialty paper market. Our partnership will allow us to continue our commitment and focus on developing ever more efficient, innovative and sustainable solutions.”

Another strategic alignment comes from the Crane and Fabriano brands, which make stationery products that inspire consumers to write, draw and paint on some of the world’s finest paper. Both brands will actively participate in this new collaboration and mutually explore market share growth opportunities.

Mohawk also recently entered into a new financing agreement with CIT Northbridge Credit, which supports and reinforces Mohawk’s plans for continued growth. As part of their industrial partnership, Fedrigoni participated in the new financing through a convertible instrument. The alignment between Mohawk and Fedrigoni carries the potential to formalize a strategic transaction over the next few years.

More information: www.fedrigoni.com and www.mohawkconnects.com.

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