BERLIN PACKAGING
Takeover of packaging supplier Rixius / US group expands further in Europe
— By Plasteurope.com staff — 

US packaging group Berlin Packaging (Chicago, Illinois; www.berlinpackaging.com) is in the process of expanding its business in Europe. For an unnamed sum, the company has acquired the much smaller German supplier Rixius (Mannheim; www.rixius.com). The seller is German private-equity firm BWK (Stuttgart; www.bwk.de), which has been the majority shareholder of Rixius since 2007. The transaction is scheduled for completion in the fourth quarter. 

Packaging solutions for cosmetics by Rixius (Photo: Rixius)


Packaging wholesaler Rixius is specialised in dimensionally stable packaging for the chemical, pharmaceutical, cosmetics, and food & drinks industries in the DACH and Benelux regions. The production range includes packaging made of polyethylene, PET, and glass.

Related: German federal environment agency considers special levy on dairy-product packaging

For Berlin Packaging, although Rixius is the first acquisition in Germany, it is just one of a number of takeovers made by the US packaging manufacturer in Europe since 2016. In fact, the company is now represented in 15 countries — including Albania, Bulgaria, Denmark, France, Greece, Italy, the Netherlands, Portugal, Romania, South Africa, Spain, Switzerland, and the UK. At the beginning of this year, Berlin Packaging acquired Irish packaging manufacturer Alpack.

The US company, which is owned by investment firm Oak Hill Capital Partners and the Canada Pension Plan Investment Board, produces and markets packaging made of plastic, glass, and metal.

— Translated by Jon Relton
26.11.2024 Plasteurope.com [256692-0]
Published on 26.11.2024
Berlin Packaging: US-Konzern expandiert weiter in EuropaGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 12.12.2024 22:05:38   (Ref: 377043611)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp