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
Companies & Associations

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

Amcor buys Nampak Flexibles

March 31, 2015 3:31 pm ET

Australian packaging giant Amcor Ltd. has bought South African-based Nampak Holdings Ltd.'s Nampak Flexibles division.    More

Image

Dow Chemical sees potential for PE growth in packaging

March 30, 2015 1:17 pm ET

The packaging market continues to provide growth for the polyethylene business of Dow Chemical Co. — which is a good thing, since the firm will ...    More

Image

Sipospack to build new flexible packaging plant in Hungary

March 30, 2015 9:38 am ET

Hungarian flexible packaging producer Sipospack Kft. is investing nearly 3 million euros ($3.2 million) in an expansion at a new site at Sóskút in...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a...    More

Image

Kautex showing off an extrusion blow molding machine at NPE

March 25, 2015 6:00 am ET

After 80 years in business, Kautex Maschinenbau GmbH officials know good old-fashioned word of mouth is often the best way to reach more customers.    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