By integrating Vipa Group, a specialist in modified thermoplastic compounds for the wire and cable industry, HEXPOL achieves a major milestone in the dedicated thermoplastics growth strategy it outlined late last year.
Expansion into Electrification and Data Infrastructure
Founded in 1969 by the Paolini family, Vipa Group operates two production facilities and an R&D center in Italy. Generating €76.4 million in revenue in 2025 with approximately 80 employees, the company has consistently delivered strong profitability.
The acquisition expands HEXPOL’s product portfolio while securing a strong footprint in high-growth end markets, including power distribution, data centers, telecommunications, and smart buildings.
Under the terms of the deal, the Paolini family will support the business transition over the next 18 months. Current CEO Nicola Vigolo will continue to lead operations, with Vipa Group functioning as a subsidiary under the HEXPOL banner.
Executive Leadership Statements
Peter Rosén (Interim CEO and CFO, HEXPOL): "This acquisition is a key step in building a leading global platform in thermoplastic compounds. Vipa Group’s strong position and technical expertise in the cable sector leave us well-placed to capitalize on long-term trends such as electrification and data center expansion."
Stefano Paolini (Board Chairman, Vipa Group): "We are pleased to hand over the family business we built over more than half a century to the right industrial partner. HEXPOL brings a deep understanding of our industry and a clear commitment to investing in our local operations and sustainable growth."
