CONSTANTIA FLEXIBLES
Packaging manufacturer continues to grow / Acquisition of Hungary's Lászlópack
For an undisclosed sum, packaging manufacturer Constantia Flexibles (Vienna; www.cflex.com) has acquired Hungarian Lászlópack (Komárom; www.laszlopack.hu). The manufacturer of flexible packaging, founded in 1998 by the László family and currently led by CEO Szabolcs László, produces flexo printed packaging for the food industry. The production facility, located about 100 km northwest of Budapest, currently employs 87.

Flexible packaging for the food industry (Photo: Lászlópack)


Constantia has been expanding its flexo printing portfolio in recent years – through the acquisitions of Turkish manufacturer Propak (Dücze; www.propak.com.tr), UK’s FFP Packaging Solutions (Northampton; www.ffppkg.co.uk) and most recently Polish film and packaging manufacturer Drukpol Flexo (Nowy Dwór Mazowiecki; www.drukpolflexo.pl). The Austrian firm had repeatedly announced its intention to grow not only organically but also through acquisitions.

With 8,700 employees at 37 locations in 17 countries, the group produces flexible packaging for the consumer and pharmaceutical industries, with plastic packaging accounting for almost half (44%), the rest being aluminium and paper solutions. Around 76% of the most recent turnover of EUR 2.1 bn is from the consumer sector, and 24% from pharmaceutical packaging.
18.04.2023 Plasteurope.com [252578-0]
Published on 18.04.2023
Constantia: Verpackungshersteller wächst weiter mit ungarischer LászlópackGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.11.2024 21:34:27   (Ref: 590188081)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp