Klöckner Pentaplast/Linpac – Acquisition creates a rigid and flex film behemoth

GERMANY • The acquisition sees the Klöckner Pentaplast Group, a global producer of rigid plastic film and packaging solutions, combining with the UK-based Linpac Senior Holdings and its subsidiaries, a film producer and converter for food packaging in Europe. Financial terms of the transaction were not disclosed.

Klöckner Pentaplast

Combined the two companies will have annual revenues of over USD 2 billion and may vault the new entity into a leadership position in the global rigid and flexible film market.

Together, with about 6,300 employees across 32 locations in 16 countries, management hopes to form “a one-stop-shop providing complete packaging solutions to customers worldwide.” Prior to the merger, the Klöckner Pentaplast Group was already a global provider of packaging, printing, and specialty solutions with a broad portfolio of rigid plastic films and services and sales of USD 1.4 billion.

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