POLAND – Irish packaging supply chain firm Zeus Packaging has acquired Polish packaging material distributor Polpack.
Based in Warsaw, Polpack manufactures automatic packaging machines and solutions for the e-commerce industry, as well as ecological packaging materials.
The company operates sales offices and warehousing, logistics and manufacturing facilities in Poland, employing more than 40 colleagues.
Zeus CEO Keith Ockenden said: “The acquisition of Polpack is a natural fit for our Poland operation, offering synergies to combine scale, leverage operational efficiencies and expand our product and service offering to our collective client base.
“Our European reach has strategically expanded during the past two years with Zeus now operating across 16 countries throughout Europe.”
Ockenden added: “Polpack’s capabilities in the provision of packaging and machinery solutions complements our strategy to diversify our offering across Europe within the industrial and transit packaging sector enabling us to offer clients options to consolidate supply chains and leverage greater value.”
The deal is part of Zeus’ 2023 strategy to strengthen its operations across Europe through acquisitions. The financial terms of the acquisition have not been disclosed.
PPC Flexible Packaging acquires StePac
ISRAEL – US-based custom flexible packaging provider PPC Flexible Packaging has snapped up Israel-based StePac, MAPfresh Holdings for an undisclosed sum.
Established in 1992 as a nylon film extruder providing sterilizable packaging for medical and healthcare markets, StePac now uses new technologies to develop packaging for fresh produce markets.
The firm develops packaging for post-harvest shelf-life extension of high-value agricultural produce such as blueberries, cherries, pomegranates, melons, and various specialty vegetables.
Leveraging its material science experience, the firm uses patented technologies to create atmosphere and humidity-controlled packaging via roll goods, lidding and pre-made bags and pouches for bulk and retail applications.
According to PPC, these capacities result in environmentally friendly packaging options that save supply chain costs while minimizing food waste and product spoilage.
StePac operates through a network serving customers in more than 40 countries from its corporate headquarters and R&D facility in Tefen, Israel.
StePac CEO Asaf Shachnai said: “Over the years our team and I have built StePac to be a global leader in vertically integrated sustainable packaging for many specialty fresh produce items.
“Our technologies help deliver produce to customers worldwide through best-in-class, sustainable shelf life extension and preservation.
“We believe this combination with PPC will provide greater financial and operational resources to support our brand in this rapidly growing market segment.”
Brook + Whittle agrees to purchase labeling firm LLT Labels
US – Leading provider of pressure-sensitive labels, shrink sleeves, heat transfer labels, and flexible packaging, Brook + Whittle has entered an agreement to buy Laser and Label Technology (LLT Labels).
Based in Stow, Ohio, LLT Labels provides ‘high-performing’ and ‘cost-effective’ labeling solutions for businesses of all sizes.
The company’s experience team offers products such as custom direct thermal labels, thermal transfer labels, thermal transfer ribbons, industrial labels and other custom labels.
The acquisition is intended to help Brook + Whittle expand its range of customer product offerings.
Following the deal, Brook + Whittle will operate 17 production facilities and serve more than 40,000 customers.
Brook + Whittle executive vice-president Andy Johnson said: “The addition of LLT Labels will strengthen our platform and deliver value for our customers.
“LLT Labels is known for their exceptional customer service, focus on print quality and talented workforce.
“Furthermore, the custom label products that LLT Labels produces will expand Brook + Whittle’s product offering, particularly in the custom warehouse and shipping label category.”
Brook + Whittle provides pressure-sensitive labels, shrink sleeves, heat transfer labels and flexible packaging, operating 17 production facilities across the US.
The company focuses on sustainable packaging, complex decoration, digitalization and ‘industry-leading’ lead times.
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