SP PLAST NEW MEMBER OF XPP SEVEN SPA

The leading company in the transformation of plastic and thermoplastic rubber materials joins the group.

SP PLAST Creating Srl, a leading company in the transformation of plastic and thermoplastic rubber materials, is now part of the XPP Seven SpA group, the first platform of Italian companies in the fashion sector specializing in finishes and materials for luxury products. XPP Seven has in fact recently finalized the acquisition of the Marche-based company.
Following the transaction, the managers Samuele Benedetti and Paolo Paponi together with the manager Tiziano De Marco will remain directly involved in the management of SP PLAST, having among other things entered the capital of XPP Seven, an initiative of the private equity fund Xenon VII SCA SICAV – RAIF, managed by the partners Franco Prestigiacomo and Gianfranco Piras.