Announced
Completed
Financials
Tags
Single Bidder
Italy
Friendly
Cross Border
Acquisition
Majority
flexible packaging
Private
film production
Completed
Containers and Packaging
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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