UK – Austria’s flexible packaging company, Constantia Flexibles has signed an agreement to acquire 100 % stake in UK-based FFP Packaging Solutions.
The acquisition earns Constantia Flexibles the first consumer plant in the UK and is an excellent addition to its portfolio.
Founded in 1967, FFP Packaging Solutions has over 50 years of experience, driving the revolution of sustainable, flexible packaging.
The expert for recyclable laminates offering flow wraps, lidding films, and pre-made pouches already today generates over 80% of its sales in sustainable packaging.
The acquisition is in line with Constantia Vision 2025 growth strategy of investing in competitive businesses with potential for future growth.
Pim Vervaat, CEO of Constantia Flexibles said: “FFP Packaging Solutions joining the Constantia Flexibles Group will expand our overall market position.
“Its significant experience and credibility allow for strong relationships across the UK food industry. We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond.”
Vervaat added that together with the team from FFP Packaging Solutions, the company is entering the next phase of developing the business.
Commenting on the acquisition, Robin Chudley, Chairman of FFP Packaging Solutions said: “I am extremely proud of FFP’s position in the UK flexible packaging market and the respect that FFP has developed across the industry.
“This legacy is something that was started by my father back in 1962 and has been continuously built upon through my own leadership of the business and, more recently, since the appointment of the management team in place today.”
This acquisition follows Constantia’s launch of PERPETUA ALTA, a recycle-ready, mono-material PP laminate with high chemical resistance for pharmaceutical applications such as hydro-alcoholic gel compositions.
The company says that its new mono-polymer solution replaces the multi-material packaging for chemically aggressive products such as pharmaceutical liquid and hydro-alcoholic gel compositions while following “Design for Recycling” guidelines.
The solution can reportedly withstand challenging pharmaceutical applications with a similar performance to aluminum-containing multi-material laminates compliant with HCR requirements.
The company also collaborated with Plasthill Technical Films earlier this year to scale Constantia’s CompressSeal micro embossing technology.
The technology offers higher seal integrity than standard PE films while weighing up to 30% less without compromising on thickness.
Liked this article? Subscribe to our regular email newsletters with the latest news insights from Africa and the World’s packaging and printing industry. SUBSCRIBE HERE.
Be the first to leave a comment