01/04/2019 | Packaging

Schur Flexibles Group acquires leading Nordic packaging specialist Scandiflex Pac

Schur Flexibles Group, a leading international provider of innovative and sustainable packaging solutions, has acquired 100 % of Sweden-based flexible packaging specialist Scandiflex Pac AB. Scandiflex Pac is one of the leading Swedish producers of printed flexible packaging laminates for the food industry. The company, which has revenues of approximately EUR 20 m, will add further expertise in flexo and digital printing to the group, as well as its deep, long-established relationships with customers and suppliers across the Nordic market.

The acquisition enhances Schur Flexibles’ strong and rapidly growing market position in Europe and will particularly bolster Schur Flexibles’ existing capabilities in the Nordic region in the sphere of flexo printing. Overall, this means the group will become a full-service provider in the Nordics region, covering the complete converting and digital printing value chain. Combining Scandiflex Pac with Schur Flexibles Denmark, Schur Flexibles Finland and Danapak Flexibles, the Schur Flexibles Group covers a platform in the Nordics with a turnover of more than EUR 120 m.