Announced
Completed
Synopsis
InterFlex Group-backed Toppan, a Japanese global printing company, completed the acquisition of Skymark Packaging, a manufacturer of flexible packaging. Financial terms were not disclosed. “We are very excited to welcome the talented Skymark team to the TOPPAN Group. TOPPAN acquired InterFlex Group in July 2021 and will start production of GL BARRIER1 in the Czech Republic at the end of 2024. This acquisition enables us to maximize synergies in the TOPPAN Group with its global footprint and accelerates expansion of our global packaging business. Skymark's blown and cast extrusion capabilities also allow us to strengthen vertical integration, our core business strategy,” Masahiko Tatewaki, Toppan Managing Executive Officer and Head of Global Packaging.
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