Storopack acquires majority stake in co-operation partner Opitz

Storopack acquires 74.9 per cent of the shares in Opitz. The companies have been cooperation partners since 2019 and are now taking a further step to offer even better solutions for their customers with the joint portfolio.

Storopack, a specialist in protective packaging, signed an agreement to acquire 74.9 percent of the shares in Opitz Packaging Systems GmbH on 27 October this year. Opitz, based in Düderode, Lower Saxony, and Storopack launched a cooperation for automated and efficient processes in packaging logistics back in January 2019.

Opitz looks back on a Many years of experience in the field of special machine construction and is specialised in the Production of modern automation solutions for packaging systems. Opitz's expertise in the automation of packaging processes and Storopack's experience and expertise in innovative protective packaging solutions complement each other perfectly. Together, the product portfolios of both companies offer a Comprehensive range for the automation of packaging processes.

Participation increases productivity

The entire range of services from Opitz will also be available to Storopack customers in future. „The investment is an important step towards further increasing the productivity of the protective packaging process for our customers,“ says Hermann Reichenecker, Managing Partner of Storopack. The Opitz portfolio includes in particular Carton erectors, volume reducers, carton sealers with paper and plastic tape, palletisers and systems for automating the entire packaging process. Solutions for the precise placement of Storopack core products such as AIRplus® air cushions or PAPERplus® paper cushions by robots are currently under development.

„In the time we have been working together, it has already become clear that there are many shared values between the two companies and a common understanding with regard to high standards of quality and customer focus. This provides a very good basis for future development.“

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Hermann Reichenecker, Managing Partner Storopack

Opitz family remain shareholders

The company name Opitz Packaging Systems GmbH remains in place and the The Opitz family will remain shareholders with a 25.1 per cent stake. Günther Opitz and his son Tim Opitz will continue to be responsible for the business operations of the family company as sole managing directors. In order to Strong increase in demand for Opitz products and solutions a new building in Northeim, not far from Düderode, is already being planned.

Source: Storopack

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