This acquisition will expand Rengo Group’s presence in Indonesia to 12 corrugated packaging factories
The agreement will see the two companies expand local sales and service capabilities.
The deal brings together Biffa’s PET recycling operations with Esterform’s manufacturing expertise to create a fully integrated circular PET packaging business.
Impak Films will continue its operations independently from its Tullamarine facility in Victoria.
The agreement allows Lanxess to exercise its put option, with the sale potentially finalized in 2026
This acquisition strengthens Krones’ expertise in filling and packaging technology for the beer, beverage, and food industries.
This development has led to a steady run-rate of deliveries, with an annualised turnover of Skr15m.