Linpac goes to Klöckner Pentaplast to make a formidable combo
With the Klöckner Pentaplast Group (KP) acquiring Linpac Senior Holdings and its direct and indirect subsidiaries, the blended company will cover both the rigid and flexible film markets and have annual revenues exceeding US$2 billion.
This acquisition will help KP extend its technological capabilities and presence into the food industry, while Linpac will benefit by extending its geographic extent. The combined company will have an extended reach and portfolio breadth, as well as a broader customer base. Together, KP and Linpac will have 32 locations across 16 countries, with about 6300 employees.
The consolidated group will be led by Wayne Hewett. Daniel Dayan will lead the Food portfolio.
Federal Budget 2024: no surprises for the food industry
While most in the food industry welcomed the cost of living relief and the Future Made in...
Fourth AIP State of Industry Webinar
Registrations are open for the fourth AIP State of Industry Webinar to be held on Tuesday, 16 July.
Fresh labels: AIP to run an updated ARL training course
On 27 June, AIP will run an updated version of the Introduction to the Australasian Recycling...
