Exit of portfolio company PPM Industries S.p.A. to new strategic partner
AUCTUS completes exit of PPM Industries S.p.A. after approx. 3 years of investment
AUCTUS announces the exit of the Italian PPM Industries to Atlas Tapes, a new strategic partner. PPM is a major player on the European masking tape market with a consolidated turnover of over EUR 100 million.

PPM Industries, based in Brembate di Sopra (BG), Italy, has been active in high-quality masking and adhesive tape industry since 1993 and has production facilities in the UK and India, besides Italy, as well as a commercial branch in the US. Since the majority shareholding in 2022, AUCTUS, together with CEO and minority shareholder Matteo Pellegrini (member of the founding family), has supported the further business development of PPM successfully, promoted the transformation to a modern management and development of foreign markets.

Atlas Tapes is headquartered in Athens, Greece, and is owned by the third generation of the Lantzis family. Atlas is a leading Greek vertically integrated manufacturer of self-adhesive tapes with over 85% export. Atlas Tapes generated sales in excess of EUR 160 million in 2023.

“We firmly believe that, with Atlas as a strategic partner, PPM is exceptionally well-positioned to drive further growth and strengthen its leadership within the high-quality masking tape industry.”
Dr. Nicolas Himmelmann, Managing Partner at AUCTUS
“PPM represents a benchmark for successful collaboration between Italian entrepreneurial families and private equity investors, exemplifying how such partnerships can enhance a company’s core competencies and expertise while laying a solid foundation for its long-term growth and sustainability.”
Marco Bortot, Head of AUCTUS Italy

Matteo Pellegrini, PPM Group Chairman & CEO, who has significantly reinvested in the new project becoming shareholder of Atlas Tapes , explained:
“On behalf of all PPM employees, I am truly pleased to welcome Atlas as our new Partner, providing us with the opportunity to boost our untapped potential. In recent years, AUCTUS has proven to be not only a reliable and professional financial investor but also a valued partner with a clear and distinctive entrepreneurial vision. I would like to publicly thanks Dr. Ingo Krocke, Dr. Nicolas Himmelmann and all AUCTUS Italy team for the strategic support on our family business transition. We have become a truly managerial and international corporation ready to embrace a new path of growth and development.”
On the part of AUCTUS, the transaction was managed and executed by Dr. Nicolas Himmelmann, Marco Bortot, Francesco Novarese and Federico Vaudano.
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The sellers were supported by ADVANT NCTM (Michele Motta, Giovanni de’ Capitani di Vimercate, Lucilla Casati, Bianca Macrina) and Pedersoli Gattai (Edoardo Pedersoli and Matteo Pietrogrande) as legal counsels. The acquiror was supported by Mediobanca as financial advisor, by Kyriakides Georgopoulos Law Firm and Baker & McKenzie as legal advisors, and by PWC on accounting and tax due diligence.
Informazioni su Auctus
Con oltre 420 investimenti negli ultimi 23 anni, AUCTUS è la società di investimento più attiva per le PMI europee. I nostri investimenti si concentrano su partecipazioni di maggioranza in aziende con un fatturato annuo compreso tra 10 e 150 milioni di euro.
AUCTUS è sinonimo di crescita organica sostenibile, ma anche di crescita inorganica attraverso le acquisizioni. Raggiungiamo questo obiettivo grazie a una partnership di fiducia con i dirigenti delle nostre aziende. Siamo specializzati nella creazione di gruppi di aziende di medie dimensioni di successo: creiamo leader di mercato. Gli oltre 35 esperti di investimenti di AUCTUS gestiscono attualmente 50 piattaforme di investimento in diversi settori economici. L'insieme delle partecipazioni della piattaforma, con un totale di oltre 200 singole aziende, genera un fatturato annuo di 3 miliardi di euro. >Le vendite e gli utili sono cresciuti del 10% all'anno per anni.
Il nostro lavoro di successo viene regolarmente premiato con prestigiosi riconoscimenti e classifiche internazionali.