Angelini technologies doubles in the US and advances in robotics and batteries

Revenue growth of 60% to 390 million euros, Ebitda doubling to 50.1 million, consolidation in converting and advancement in robotics applied to logistics, entry into batteries, the new robotics research hub in Boston, and the doubling of the US site in Cincinnati. For the record results that Angelini Technologies - Fameccanica achieved in 2025, the decisive factor was 'the choice made in 2022 to regain 100% control of the company, which until then had been an equal joint venture with P&G,' explains Sergio Marullo di Condojanni, CEO of Angelini industries. 'Angelini Technologies makes converters, machines capable of converting, in our case for the production of nappies. It is a niche market, with very obvious limitations, where however we have managed to develop significant engineering skills and have intercepted a new field, of software-based applications that have opened up another world to us, that of robotics. The decision to shift the focus from converting to robotics will drive our future growth'.

After having closed a 2025 budget with revenues of 390.6 million euros (+59.6% compared to 2024), 93% of which are represented by exports, the goal is "a further increase of over 20% by 2027," says Luigi De Vito, CEO of Angelini Technologies. "The shareholder has outlined a very clear trajectory for the group, and running knowing where you are going is fundamental. This has allowed the entire organisation to embrace a project and make it its own. Our real challenge is transformation, which is done by consolidating the business where we were born and that is converting, which grew by 25% in 2025. It has been a springboard to attack other businesses, namely robotics and batteries where we have recently entered. Today, robotics accounts for 34% of turnover with around 148 million euros in orders in 2025, up from 2024 and with the aim of reaching 50% of our volumes by this year. However, growth will have to be transformational but sustainable, based on a mix of geographies, volumes and profitability and on our people." Speaking of people, there are 200 hires in the company's plans that will take it to over 800 employees globally.

If you ask Marullo from Condojanni to imagine a place for the future development of Angelini Technologies he would undoubtedly say 'in the United States. For many reasons. The US is a very profitable outlet market, characterised by a very favourable ecosystem thanks to lighter legislation, a greater appetite for risk, and a widespread entrepreneurial mentality: while innovating, people are already thinking about how to implement their ideas in large-scale distribution. Innovation requires significant investments and start-ups are capital intensive: this makes them find in the US an ideal place to develop. A bit like what happened to the start-up Lab0 in which we recently invested, which has a core of softwarists born in Genoa, but a founder who is an American entrepreneur'. Ours is a group that has more than 100 years of history and a few years ago found itself at a turning point. We chose to invest in pharma and technologies, two businesses that are going through a great transformation and the need for a lot of resources,' emphasises Marullo di Condojanni. 'As those who do research know, behind the discovery of a new molecule there is a very high failure rate, there are strong investments, and you have to go to places where there is more sensitivity to innovation, where you can find more talent, and where there is a higher return on capital. The US is one of those places'.

Angelini Technologies' business decisions speak for themselves, adds CEO De Vito: 'Among the important factors in our growth, one is geographical. We have just opened a robotics research and development hub in Boston, designed and implemented very quickly. It is a laboratory where mechanical engineers, computer scientists, and specialists in advanced robotics will test prototypes of robots for automated warehouses in the large-scale retail and e-commerce sectors, including the technological solution developed by Lab0, which has developed an advanced system for the autonomous handling of materials, focused on the loading and unloading of parcels from containers and trucks, which aims to revolutionise one of the key processes of global logistics, today managed mainly manually. Within this year, we will double the production capacity of our Cincinnati, Ohio site from 7 thousand to 14 thousand square metres to meet the growing demand of the American market. We will invest in the United States, as well as in Italia, in the two Abruzzo sites of San Giovanni Teatino and Alanno, and in China to have a supply chain capable of facing cost challenges". The growth of Angelini Technologies will take place 'above all in an organic manner, with strong investment in research and development where we had a budget of 9 million euros in 2025. The most transformative part for us is robotics, which is part of a market worth $30 billion globally'. But converting and robotics are not the only two areas that will drive the company's growth. "Our investments in research and development have also been used to develop technological solutions for battery production," De Vito continues, "through laser technology that allows us to cut layers of aluminium and copper with high precision and speed to produce batteries of different sizes and formats, destined for energy storage in industry and construction, and secondarily also in the automotive sector.