Netherlands-based packaging producer Novio Packaging Group has acquired German-Swiss packaging company Flacopac/Deflaco for an undisclosed figure.
Flacopac/Deflaco produces a range of food and beverage packaging such as bottles, jars and closures, and this acquisition increases Novio’s market share in Europe and gives the Netherlands-based company a significantly stronger presence in the industry.
Both Flacopac/Deflaco will continue to operate under their current names during the coming year, while Flacopac/Deflaco will continue their development activities at the existing sites. No staff changes are planned.
Novio also acquired packaging companies Haal Verpakkingen BV and Scandinavian Packaging AS in 2018, and this latest acquisition further strengthens its packaging portfolio.
Marck Jansen and Erik Trum, the managing directors of Novio Packaging Group, said: “These acquisitions allow us to combine our strengths to create a broader product offer, particularly in the cosmetics and perfume sectors.
“Furthermore, the addition of strong markets such as Germany and Switzerland to our sales region will allow us to consolidate and further strengthen our position in Europe.
“In combination with the high-quality services and quality focus of Flacopac/Deflaco, we see major opportunities for professionally expanding our international strength.”
Flacopac/Deflaco founder Jürgen Schmidt added: “As part of the Novio Packaging Group, we will be able to develop our products and innovations more intensively and market them throughout Europe.
“The acquisition is undoubtedly a step in the direction of an even more positive future as it gives us greater buying power, expands our range and improves overall professionalism.
“It is beneficial for Novio Packaging Group, for us and above all for our customers.”
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