As governments worldwide tighten regulations on materials, recyclability, and chemical safety, staying compliant has become a cornerstone of maintaining market access and brand reputation.
Headquartered in Charlotte, N.C., the combined company will continue to operate under the Novolex name as one of the largest food packaging leaders with a broad manufacturing and distribution footprint across the U.S., Canada, Mexico, and Europe.
Sustainability is a key factor in the rise in demand for high-barrier films since they serve to prevent food waste, reduce packaging and replace mixed-material alufoil laminates.
Production of the packaging, made from Balance®, a product supplied by Versalis, makes it possible to create a recycled film for food contact while maintaining the necessary technical performance and health properties.
Constantia is a leading producer of flexible packaging and the partner of choice to more than 4,000 pharmaceutical, food and consumer goods customers worldwide. Headquartered in Vienna, Austria, the Company employs over 7,150 employees globally at 28 sites in 15 countries.
The transaction is subject to customary regulatory requirements and approvals. The Trioworld Group will, after the transaction is completed, own 100% of the shares.
KENT Precision Foods Group is a dry and liquid-blending packaging food company specializing in rigid and flexible packaging while providing high-quality branded and custom products for customers in the food service (domestic and international) industrial and consumer products businesses.
