Schur Flexibles Group enters into exclusive negotiations with French UNI Packaging
8 mars 18 | e.bonus | #305 :: rss
Schur Flexibles Group, one of Europe’s leading flexible packaging suppliers in Europe, has reached a general agreement with the French family-owned company UNI Packaging. With the planned acquisition, Schur Flexibles intends to strengthen its leading market position in Europe.
The transaction expected to be completed within the upcoming weeks. The transaction will be subject to both internal and external approval including authorisation from the relevant competition authorities.
UNI Packaging has a network of seven production sites and five logistics hubs – predominantly based in France, the UK and Austria - and European sales offices, and also is an important player in innovative digital printing technology.
The planned acquisition would additionally add scale to Schur Flexibles’ operations and would improve profitability, and also will strengthen its leading market position in Europe, in both the dairy and fresh food business in France and the UK.
In the future, the Caresmel family would assume responsibility for both the pouch-making and digital operations of the combined businesses.
Schur Flexibles Group recorded an actual turnover of 350 million euros (2017), employs around 1,400 employees and is made up of 12 companies with 14 production plants in Germany, Finland, Denmark, the Netherlands, Poland, Slovakia, Greece and Russia.
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