With the acquisition of Greek packaging specialist Paperpack, Faller Packaging is continuing its strategic expansion in Europe. Both companies specialise in innovative packaging solutions for the pharmaceutical and healthcare industries.
With this acquisition, Faller Packaging is expanding its geographical reach and product capabilities. As the company has announced, the takeover of Paperpack is not only intended to increase production capacities, but also to facilitate access to new markets in Southern Europe. Through the acquisition, Faller Packaging will be in a position to utilise its production facilities more efficiently and optimise its logistical processes.
Benefits for both companies
Paperpack is one of the leading suppliers of pharmaceutical packaging in Greece and ideally complements Faller Packaging's European network. Integration into Faller Packaging's structures offers both companies the opportunity to leverage synergies and expand their product range. Faller Packaging views the acquisition as an opportunity to boost innovative strength and benefit from Paperpack's existing customer relationships.
Source: Faller Packaging
