THE NETHERLANDS, Grootegast. On 1 February 2021, Südpack will acquire LPF Flexible Packaging B.V. (“LPF”) from the Clondalkin Group. The company, located in Grootegast, the Netherlands, is a leading manufacturer of high barrier films for sensitive products.
Since 2005 LPF was part of the Clondalkin Group, which is owned by Dutch private equity investor Egeria since 2016. LPF’s key competencies include the development and production of printed and unprinted duplex and tri-plex packaging laminates, which provide highest product protection and prolonged shelf life for the most demanding applications. LPF mainly serves the packaging markets for food, pharmaceutical and technical products. Its customers include globally leading brands.
In addition to extensive product and industry expertise, LPF has extensive R&D and business development resources to support its strategy. Moreover, the company has a highquality base of machinery and infrastructure and is well-invested and supported by a highly skilled technical department. To ensure operational effectiveness, LPF’s processes are optimized to produce high-quality laminated films.
Continuity of LPF’s operations post-transaction is secured and its workforce will become part of Südpack. Furthermore, LPF’s customer care will be carried on by the existing sales organization and gradually advance the cultivation of new markets. Meanwhile, Südpack’s high-performance laminates production continues without alterations at its sites in Ochsenhausen and Bioggio in Switzerland.