Badinotti Group has announced the acquisition of Pacific Netting Products (PNP), a company specializing in netting sales and other containment structures based in Seattle, WA, U.S. The company announced that this move was a step in Badinotti Group's vision to become a global company with a solid local presence.
"This acquisition will allow us to strengthen our presence in the North American market and offer even more customized solutions to the needs of our local customers," explained Christian Torres, CEO of Badinotti Group. "Our commitment is based on offering first-class customized products and services, and this acquisition will allow us to leverage our expertise."
This advances the company's long-term vision: to consolidate and strengthen its presence in its target markets. This goal is also compounded by its interest in leading the fish containment structures industry towards a more engineering-focused approach and providing even safer and more advanced solutions.
Badinotti wants to leverage commercial and knowledge synergies through this agreement. In short, the remit is for both teams to deepen product and engineering development and deliver state-of-the-art containment solutions.
Furthermore, concerning its union,the company will keep existing talent in PNP. Already in the official statement, Badinotti Group committed to ensuring the continuity and development of PNP employees.
Dave Erickson, owner of PNP and future executive advisor to Badinotti Group, shares his enthusiasm for this new phase. "I am excited to join Badinotti Group and continue to work closely with the team. Badinotti Group has been our supplier since the early days of PNP, and we share a strong relationship of commitment, history, and friendship. I firmly believe in the potential of this acquisition to drive the joint growth and development of both companies."
In this agreement, Erickson further added that there is a great opportunity for growth. "Together, we can leverage our complementary strengths and experiences to offer even more innovative, high-quality products and services in the North American market and expand PNP's products to the rest of the world."
Badinotti Group, headquartered in Milan, Italy, boasts over a century of expertise in manufacturing aquaculture and fishing nets. With a global presence, their production facilities are in Peru, Slovakia, Chile, and Canada. Utilizing their extensive 100-year legacy, they dedicate themselves to delivering solutions for fish containment and protection in the aquaculture sector. The highest standards of quality and service, integrating cutting-edge technological practices, and conducting environmentally-friendly operations are their business basis.
Pacific Netting Products, a thriving Small Business Enterprise, operates from its administrative hub and manufacturing base in Kingston, Washington, USA. Fueled by a family-centric ethos, PNP's beginning rests on the notion that attentive customer listening leads to unmatched quality. Boasting a legacy since 1997, PNP has mastered the art of crafting and furnishing top-tier systems, ensuring seamless project execution.