The acquisition of GPI Istra by Ajdovski Leone

Ajdovski-based company Incom Group has successfully acquired GPI Istra, a leading Croatian packaging manufacturer based in Kanfanari, marking a significant expansion into the packaging sector. The acquisition brings together two companies with strong regional roots and longstanding traditions. GPI Istra, known for its 70-year heritage in producing high-quality packaging solutions, will now operate under the Incom Group umbrella, which also owns the well-known ice cream brand Leone. This move opens new opportunities for innovation and sustainable development, according to statements made by both groups following the completion of the transaction. Incom Group's director, Boštjan Jerončič, highlighted the strategic importance of entering the packaging industry, emphasizing its critical role in modern production processes and sustainability initiatives. He stated that the merger would combine knowledge, experience, and developmental potential to create new growth opportunities, expand competencies, and strengthen Incom Group’s competitiveness on international markets. The integration aims to leverage GPI Istra’s established reputation while enhancing its technological capabilities and market presence. Marko Despot, the newly appointed director of GPI Istra, expressed his commitment to honoring the legacy of the employees who have contributed to building the company over the years. He emphasized the sense of responsibility toward the local community and environment, stating that these factors played a central role in the decision to proceed with the acquisition. Despot noted that the transition would involve maintaining continuity in operations while pursuing ambitious goals for future development. Following the acquisition, GPI Istra is set to enter a new phase of growth supported by a renewed investment cycle. Plans include further modernization of production processes and technologies, the development of new products, strengthening export activities, and increasing competitiveness on regional and global markets. These initiatives aim to position GPI Istra as a more dynamic player within the industry, leveraging Incom Group’s broader resources and expertise. One of the immediate actions taken after the acquisition was the improvement of working conditions for employees. Salaries were increased by eight percent, and additional growth is anticipated through the implementation of a new system for managing employee performance and development. Another notable step in the coming period will be the reintroduction of the name Istragrafika, a symbolic gesture reflecting the company’s deep connection to its origins and identity. The acquisition represents a major shift for both Incom Group and GPI Istra, combining their strengths to pursue shared objectives. With Incom Group’s focus on innovation and sustainability aligning well with GPI Istra’s long-term vision, the partnership is expected to drive substantial progress in the packaging sector. As the integration process continues, both organizations remain committed to ensuring smooth transitions and fostering continued success for all stakeholders involved.