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Matic Plast buys back founder's 24.5% stake in Matic Plast Milano

Matic Plast S.r.l. has bought back the 24.5% minority stake in its operating subsidiary Matic Plast Milano previously held by founder Giovanni Agostino Patti, closing the deal at the end of September 2026. The subsidiary, which makes premium packaging for perfumery and cosmetics brands including Estee Lauder and Interparfums, reported revenue of about EUR 71m and EBITDA of about EUR 5.6m in its latest year. The move brings full governance of the operating company back under the holding group.

Why this mattersTaking full control of a EUR 71m-revenue cosmetics packaging maker removes the founder's minority interest and simplifies governance at a supplier to Estee Lauder and Interparfums.

  • Matic Plast S.r.l. acquired the 24.5% stake in subsidiary Matic Plast Milano held by founder Giovanni Agostino Patti
  • The transaction was completed at the end of September 2026
  • Matic Plast Milano, based in Carugate near Milan, reported revenue of about EUR 71m in its latest financial year
  • The subsidiary's EBITDA was about EUR 5.6m in the same period
  • Customers named include Estee Lauder and Interparfums
  • The company operates production plants in Italy and the United States
Matic Plast
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.