Acquisition marks Coveris’ third deal in Central and Eastern Europe in a short period, supporting the company’s ongoing growth strategy with investments in targeted geographies and packaging markets.
Through a series of instructional videos, as well as print and banner ads, the company aims to guide customers through the proper pronunciation of Rychiger.
Plastchim-T says enlarging its BOPP manufacturing capacity would be a pre-condition to further grow BOPE – one of the few packaging film segments where the company has a unique proposition with 100% recyclable eco-friendly film.
The two companies will leverage combined fiber and film-based materials science expertise to create environmentally friendly flexible packaging products.
Acquisition will broaden ProAmpac’s product portfolio for customers across the United States and Canada and will allow the company to better serve customers in the high-growth food and beverage, agriculture, industrial and pharmaceutical end markets.
Leading manufacturer and supplier of rigid plastic-molded packaging products seeks to use M&A as a strategic tool to drive inorganic growth – as a complement to continued organic growth – with the goal of doubling sales by 2030.
Packaging Strategies spoke with Thomas Blaige, founder of Blaige Industry Analytics LLC, and Ron Giordano, a senior executive adviser at Blaige, to get an overview of M&A in the packaging industry.