PromoWire
Pagani Pens Acquires SENATORPagani Pens (PPAI 206605, Standard-Plus) has announced that it has acquired SENATOR GmbH, creating one of the leading groups in the European promotional writing instruments industry and bringing together two established premium brands – PRODIR and SENATOR.
The transaction preserves the European production site in Gross-Bieberau and safeguards approximately 120 highly skilled jobs. SENATOR will continue to operate as an independent brand within the Pagani Pens Group.
“We firmly believe that industrial know-how and manufacturing capabilities are strategic assets that must be preserved,” says Rossana Porotti, COO and co-managing director of Pagani Pens SA. “This acquisition enables us to safeguard valuable expertise, maintain production close to our customers and support highly skilled employment in Europe. By building on the strengths of each company, we are creating the conditions for SENATOR and PRODIR to continue growing, innovating and investing for the future.”