PACCOR
Zdenek Rybczuk appointed interim CEO of packaging producer / Further acquisitions for Lindsay Goldberg in the pipeline
Until a new CEO has been appointed, the COO of rigid packaging producer Paccor (Zell / Germany; www.paccor.com), Zdenek Rybczuk, is interim CEO. He follows Dieter Bergner, who is pursuing new professional challenges and will remain available to Paccor in an advisory capacity.
Paccor has 3,500 employees and 17 production sites in Europe in addition to one injection moulding plant in the US. The company produces rigid plastic packaging for the food sector as well as non-food packaging. Its focus is on thermoforming and injection moulding.
US private equity firm Lindsay Goldberg (New York; www.lindsaygoldbergllc.com) bought Coveris' (Vienna / Austria; www.coveris.com) rigid packaging division in summer 2018 – see Plasteurope.com of 02.08.2018 – and renamed the company Paccor – see Plasteurope.com of 05.10.2018. Paccor was one of five companies that formed Coveris in 2013.
Lindsay Goldberg is planning more acquisitions in the packaging sector. "Along with organic, international growth, we are also focusing our expansion strategy on taking over competitors. We have already identified a number of target companies that can add value to the portfolio," said Thomas Unger, partner at Lindsay Goldberg Vogel and chairman of Paccor's advisory board. Lindsay Goldberg is represented in central Europe by its subsidiary Lindsay Goldberg Vogel, which is based in Düsseldorf / Germany.
Paccor has 3,500 employees and 17 production sites in Europe in addition to one injection moulding plant in the US. The company produces rigid plastic packaging for the food sector as well as non-food packaging. Its focus is on thermoforming and injection moulding.
US private equity firm Lindsay Goldberg (New York; www.lindsaygoldbergllc.com) bought Coveris' (Vienna / Austria; www.coveris.com) rigid packaging division in summer 2018 – see Plasteurope.com of 02.08.2018 – and renamed the company Paccor – see Plasteurope.com of 05.10.2018. Paccor was one of five companies that formed Coveris in 2013.
Lindsay Goldberg is planning more acquisitions in the packaging sector. "Along with organic, international growth, we are also focusing our expansion strategy on taking over competitors. We have already identified a number of target companies that can add value to the portfolio," said Thomas Unger, partner at Lindsay Goldberg Vogel and chairman of Paccor's advisory board. Lindsay Goldberg is represented in central Europe by its subsidiary Lindsay Goldberg Vogel, which is based in Düsseldorf / Germany.
30.10.2018 Plasteurope.com 1014 [240989-0]
Published on 30.10.2018