WALKI
Acquisition of Spain's Plasbel Plásticos / Sustainable packaging portfolio expanded
A polyethlene flow pack (Photo: Plasbel)
Finnish packaging manufacturer Walki (Espoo; www.walki.com) said it has signed a definitive agreement to acquire a majority stake in Spanish packaging producer Plasbel Plásticos (Murcia; www.plasbel.com). Price and terms of the transaction were not disclosed.

Plasbel will become part of Walki’s global consumer packaging business unit. The Spanish company specialises in the production of recycled and compostable bags and flexible packaging products used in the food and retail sectors. It generated sales of EUR 80m in 2020.

The acquisition expands Walki’s European manufacturing footprint, sustainable packaging portfolio and geographical reach. Walki gains Plasbel’s 30,000 m² manufacturing facility in Murcia, which produces a broad range of food packaging solutions, along with post-consumer recycled and compostable films with retail and hospitality applications. Walki said it aims to become a leading converter of biofilms.
05.05.2021 Plasteurope.com [247574-0]
Published on 05.05.2021
Walki: Übernahme des spanischen Verpackungsherstellers PlasbelGerman version of this article...

© 2001-2021 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 | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2021 by Plasteurope.com, Bad Homburg
Date of print: 16.05.2021 17:01:44   (Ref: 131096752)
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