Azzurra Capital acquires a strategic stake in Lucart’s holding company, Pasfin

By: Trademagazin Date: 2024. 08. 09. 08:52

Azzurra Capital has entered into a binding agreement on the acquisition of a strategic stake in the Pasfin holding company, which fully controls the leading paper industry company, Lucart, present in Nyergesújfalu, Hungary.

The agreement signed by Azzurra Capital and members of the Pasquini family marks the entry of the private equity fund into the Lucart Group holding company to support the achievement of the group’s ambitious growth and profitability goals for the coming years, all while respecting the principles of social and environmental sustainability that have always characterized the Lucart operation. The Italian paper group boasts a number of sustainability records, including publishing an annual sustainability report since 2004 and holding EcoVadis platinum certification since 2023, the highest level of corporate social responsibility, with only 1 of more than 90,000 companies surveyed worldwide. % can boast.

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