PETAINER
Takeover of Rostiprimpac complete / Plans to develop new products and markets
Now that the Norwegian authorities have given their blessing – see Plasteurope.com of 20.10.2010 – specialist plastics packaging technology company Petainer (Aš / Czech Republic; www.petainer.com) has wrapped up its acquisition of PET packaging manufacturer Rostiprimpac (Norköping / Sweden; www.rostiprimpac.com).
With the takeover of Rostiprimpac AB (Norkoping / Sweden) and Rostiprimpac Verpackungen (Leinefelde / Germany) complete, the new expanded Petainer has announced its intention to develop new products and markets. Commenting on the deal’s completion, Petainer CEO Nigel Pritchard said: “This acquisition will reinforce our strategic focus on innovation and the development of new products and services and will enable us to diversify into new market segments.”
With the takeover of Rostiprimpac AB (Norkoping / Sweden) and Rostiprimpac Verpackungen (Leinefelde / Germany) complete, the new expanded Petainer has announced its intention to develop new products and markets. Commenting on the deal’s completion, Petainer CEO Nigel Pritchard said: “This acquisition will reinforce our strategic focus on innovation and the development of new products and services and will enable us to diversify into new market segments.”
02.12.2010 Plasteurope.com [217965-0]
Published on 02.12.2010