02 April 2022, Mumbai:
Cadicagroup, an Italian label, and hangtag manufacturer have just completed its fourth purchase in three years.
Varcotex, a Capri-based trimmings manufacturer, has been bought by the firm.
Varcotex specializes in the development, design, and production of labeling, hangtags, packaging, and brand protection.
I'm thrilled to be a part of Cadicagroup.
Varcotex CEO Paolo Munari expressed his delight at the opportunity to apply his technological expertise to one of the major organizations in the fashion accessories sector for the luxury category.
Cadicagroup will become the first group in Europe to offer research excellence and 'Made in Italy' production services to its customers, according to the CEO, thanks to its investment in research, design, and product innovation.
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The union will also give additional momentum to the objective of providing a trustworthy and competitive partner in terms of pricing, responsiveness, and services to the Italian and worldwide fashion sectors.
Etichetta 2000, a woven and printed labels company that specializes in the distribution of anti-counterfeiting products and services, was one of Cadicagroup's recent acquisitions.
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