European operations acquired by Italy's Airpack
The future of the European operations of US protective packaging producer Pregis (Deerfield, Illinois; has been decided. After the group’s North American activities were acquired by private equity fund Olympus Partners (Stamford, Connecticut; at the end of April (see of 28.04.2014), the European business is now in the hands of Italian protective packaging producer Airpack (Lodi). Financial details were not disclosed.

The Italian group, which specialises in bubble and foam packaging, in 2012 purchased Pregis’ Italian operations, and considers the latest deal – which comprises operations in the UK, Belgium, Germany, Romania, Poland, the Czech Republic and Hungary – as part of its strategy to increase its European footprint. The plants purchased engage in foam and bubble extrusion as well as the production of engineered foam and mailers.

Commenting on the acquisition, Airpack managing director Sergio Folli said, “We are pleased to be able to reunite the Italian business unit with the rest of the European operations. We now will have the support of more than 1,000 employees who will assist us in providing protective packaging solutions to the United Kingdom and across the entire European continent.”
05.05.2014 [228178-0]
Published on 05.05.2014
Airpack: Europäische Aktivitäten von Pregis übernommenGerman version of this article...

© 2001-2019  |  Imprint  |  Privacy 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
© 2001-2019 by, Bad Homburg
Date of print: 17.09.2019 09:18:30   (Ref: 32592106)
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: