Altor-backed Trioworld to acquire Flexoplast from Clondalkin.

Altor-backed Trioworld, a firm that operates production facilities in Sweden, agreed to acquire Flexoplast, a food, beverage and industrial packaging provider, from Clondalkin, a provider of paper products. Financial terms were not disclosed. “We are very pleased to welcome Flexoplast into the Trioworld group. Flexoplast has shown very strong development over the past years, also during Covid times, supporting customers with high performance packaging solutions. The company is well invested and management focused on broadening the product offering and increasing service levels to customers. With our joint forces we hope to continue this successful journey,” Andreas Malmberg, Trioworld CEO.