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Announced

Completed

Schur Flexibles completed the acquisition of Termoplast.

Synopsis

Schur Flexibles, a flexo printing converter for food and hygiene packages, completed the acquisition of Termoplast, a sustainable film production company. Financial terms were not disclosed. “We are very pleased that we will be able to continue supporting our existing customers and their business operations in Europe and pushing ahead with our clear focus on sustainability. Our innovations developed in close cooperation among our R&D teams will allow us to tap into new markets. As part of a strong European group, we will also secure long-term, qualified jobs for our employees,” Salvino and Sandro Barnini, Termoplast Managing Directors.

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