Weener integrates with caps producer Plasticum

EUROPEAN PLASTICS NEWS

Published: June 21, 2013 1:41 pm ET
Updated: June 21, 2013 1:44 pm ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Injection Molding, Containers/closures

Germany-based packaging producer Weener Plastik AG is hoping to strengthen its position in the packaging market by integrating Plasticum Group BV, a Netherlands-based producer of caps and closures, into its organization.

Both companies are owned by New York-based private equity firm Lindsay Goldberg LLC.

Weener says Plasticum, based in the Netherlands, complements its product portfolio. Plasticum manufactures caps and closures for personal care, food and home care products while Weener focuses on customised packaging products says the firm.

Plasticum, which has four plants in the Netherlands, Germany and the United Kingdom, will become a Weener subsidiary.

Plasticum CEO Roel Zeevat will become CEO of the new joint company, which is aiming for growth in Asia and South America. Johann Meinders, the current CEO of Weener, will leave the management team to act as a consultant.


Comments

Weener integrates with caps producer Plasticum

EUROPEAN PLASTICS NEWS

Published: June 21, 2013 1:41 pm ET
Updated: June 21, 2013 1:44 pm ET

Post Your Comments


Back to story


More stories

Image

German molder picks North Carolina for US manufacturing plant

February 26, 2015 4:21 pm ET

UPDATED — German medical goods company Raumedic AG has chosen Mills River, N.C., for its first U.S. manufacturing site and U.S. headquarters.    More

Image

Plastic Omnium makes China investment push

February 26, 2015 4:35 pm ET

Three of the six new plants that automotive molder Plastic Omnium SA plans this year will be in China, part of a broader push it’s making in...    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events