Milan: Wise Sgr has opened Imprima SpA a new holding company, dedicated entirely to development and innovation in the textile printing and finishing sector in Italy. It is first action Imprima S.p.a has acquired 100 percent of the German finishing and textile printing company KBC and Guarisco, Italian printed-fabric firm and said it is preparing for new acquisitions in Italy and abroad. The company’s business model will be centred on the concept of sustainability understood as financial, industrial, social, and environmental sustainability.
Thanks to the creative heritage of the brands acquired through new holding Imprima, clean and smart manufacturing, proximity to markets, high quality, and sustainability, Imprima aims to establish itself as a preferred partner for brands and retailers in the world of fashion.
Imprima, based in Milan, is funded by a pool of financial investors led by Italian private equity fund Wisequity IV, managed by Wise Sgr, a company that has already supported the development of other successful companies in the textile supply chain. At Present, the textile printing industry is worth about 20 billion linear metres, and is growing at a compound annual rate of 2.5%. The digital component of this sector, which today represents only 3-4%, continues to grow at a rate of 20% per year and is expected to reach 2 billion metres by 2020.