Südpack acquires high barrier film producer LPF
Südpack (Germany) has completed another step in its long-term growth plan with the acquisition of LPF Flexible Packaging from the Clondalkin Group, in turn owned by private equity investor Egeria.
Founded in 1907, the historic company based in Grootegast, the Netherlands, is a leading manufacturer of high barrier films for sensitive products.
LPF’s key competencies include the development and production of printed and unprinted duplex and triplex packaging laminates, which provide the maximum product protection and extended shelf life. LPF mainly serves the packaging markets for food, pharmaceutical and technical products.
The deal will enable Südpack to expand its expertise and portfolio of services for the production of high-performance laminated films for a variety of applications with a view to entering new markets and growing its business in emerging markets.