Consilium's Celli bolts on FJE Plastic Development

The acquisition was made through Celli's British subsidiary ADS2, a producer of multi-tap dispense fonts and beer coolers bought by the Italian company in 2015.

This is the second bolt-on made by Celli via ADS2, following the acquisition of British beer pumps manufacturer Anagram in 2017.

Celli was acquired by Consilium in a management buy-in that took place in June 2013 and funded via Consilium Private Equity Fund. The GP currently owns a 70% stake in the business.

With the fresh capital, the company intends to strengthen its market position and further develop its product offering.

According to Celli, the bolt-on will strengthen the group's industrial organisation in the UK, while also benefiting the Italian production sites.

Company
Based in Hertford, FJE Plastic Development specialises in plastic moulding injection. The company has tool-making facilities to provide capacity for the design and building of single- and multiple-cavity moulds, as well as a range of microprocessor-controlled injection moulding machines with capacity ranging from 25-350 tonnes. 

People
Celli – Mauro Gallavotti (CEO, president).
Consilium –  Stefano Iamoni, Antonio Glorioso, Roberto De Rossi (managers). 

Advisers
Equity – KPMG (corporate finance).

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