Südpack will take over the Dutch company LPF Flexible Packaging B.V. („LPF“) from the Clondalkin Group on 1 February. The Grootegast-based company is a leading manufacturer of high-barrier films for sensitive products.
The acquisition is for South pack another important building block in its long-term growth strategy. LPF has many years of experience in the development and production of packaging materials.
LPF has been part of the Clondalkin Group since 2005, which has been owned by Dutch private equity investor Egeria since 2016. Founded in 1907, LPF's core competences include in particular the development and manufacture of printed and unprinted duplex and triplex laminates for packaging applications, which offer high product protection and an extended shelf life.
LPF supplies the packaging industry in particular for Food, pharmaceuticals and technical products. The customer portfolio includes leading global brands.
The Dutch company has a high-quality machine park with corresponding infrastructure and an optimally equipped technical centre. In order to ensure production, all processes at LPF are focussed on the manufacture of high-quality laminated films aligned.
„We value LPF's high level of development and market expertise and plan to establish the Grootegast site as a centre of excellence for high-performance laminates within the Südpack Group in the long term. We want to further expand Südpack's expertise and service portfolio in the development and production of high-performance laminates for a wide range of applications in order to serve attractive growth markets and open up new markets.“ Erik Bouts, Spokesman of the Management Board of South pack
LPF's activities will continue
The smooth continuation of LPF's activities after the takeover is guaranteed. Südpack will take over the entire LPF workforce. LPF's customers will also continue to be supported by the existing sales organisation, which will also successively take over the Development of new markets will drive this forward.
The production of the portfolio of High performance laminates, which were previously produced by Südpack, will continue unchanged at the sites in Ochsenhausen and Bioggio, Switzerland.
[infotext icon]LPF Flexible Packaging is a global manufacturer of flexible packaging for more than 40 different applications. Based in Grootegast, the Netherlands, the company supplies brands and companies primarily in the food and beverage, confectionery, healthcare, pet food, industrial and agricultural sectors. The company has experience in flexo and gravure printing, extensive industry expertise, particularly in the food and beverage sector, and is recognised as one of the leading suppliers in the market when it comes to barriers. LPF has been part of the Clondalkin Group since 2005, which has seven production sites in the Netherlands, Germany and Switzerland and supplies a broad customer base worldwide. The Clondalkin Group has been part of the Dutch private equity investor Egeria since 2016[/infotext].„LPF has been able to generate significant growth in the flexible packaging sector over the last four years with the support of Egeria. In Südpack, we have found a new partner that is willing to invest and that impresses with its sustainable corporate management and long-term growth strategy.“ Jacco Thijen, Managing Director of LPF
Source: Südpack
