Altor-backed Trioplast Group to acquire Apeldoorn Flexible Packaging.

Altor-backed Trioplast Group, an industrial group, agreed to acquire Apeldoorn Flexible Packaging, a provider of solutions for load stability and food packaging, from B.C. Jindal. Financial terms were not disclosed. "We are excited to get the opportunity to grow an even stronger position in the market of load stability and food pack by welcoming AFP into the group. AFP has a proven track record of supplying the market with premium products and superior support, to maximize value for customers. We have a strong belief in the organization and management of AFP who has developed the company in an impressive way the latest years. With our joint forces we hope to continue this journey," Andreas Malmberg, Trioplast Group CEO.