Industry News, Mergers and Acquisitions, Printers News

Klöckner Pentaplast to Acquire Linpac Group

Transaction will create a leader in the rigid and flexible film market, with combined annual revenues exceeding $2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Klöckner Pentaplast Group (KP), a global leader in rigid plastic film and packaging solutions, announced that it has signed a binding agreement to acquire LINPAC Senior Holdings Limited and its direct and indirect subsidiaries, an important film producer and converter for food packaging in Europe. Financial terms of the transaction were not disclosed.   The transaction will create a global leader in the rigid and flexible film market, with combined annual revenues exceeding $2 billion.   ...

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