With the acquisition of Treofan, Jindal will become solution provider for recyclable packaging
26 octobre 18 | e.bonus | #749 :: rss
Announced at the beginning of september (ebonus 3 sept), Jindal confirms the acquisition of 100% shares of Treofan Europe. Manfred Kaufmann, CEO Jindal Films Europe, commented: “Merging both businesses will allow us to accelerate the group’s growth and to become the most innovative solution provider for recyclable packaging.”
This compay is a manufacturer of biaxially oriented propylene films (BOPP films) for packaging, label, tobacco and technical applications in Europe. This acquisition strengthens B.C. Jindal group’s position in the industry, offering a very broad and complementary product range and an appealing value proposition to support customer’s evolving needs.
Jindal Films (Part of B.C. Jindal group) is in the development and manufacture of specialty packaging and labeling film solutions, including multilayer white opaque films, metalized films and coated films, for flexible packaging and labeling applications. Jindal Films has affiliated production plants in Europe (Virton, Belgium; Kerkrade, The Netherlands; and Brindisi, Italy), and in the United States (LaGrange, Georgia and Shawnee, Oklahoma).
Treofan Europe operates three production sites in Germany and Italy.
"All rights reserved except agreement written by Emballage Digest or mention of the magazine''