30/07/2019 | Packaging

Packaging specialist Paccor acquires EDV Packaging Solutions

Paccor, manufacturer of sustainable and innovative plastic packaging solutions, has further executed its long-term growth strategy and has acquired the majority stake in EDV Packaging Solutions, one of the leading manufacturers of rigid barrier packaging for the food industry worldwide. The acquisition advances Paccor’s position in rigid barrier packaging applications globally.

EDV Packaging Solutions S. A. has been the leading producer of food protection packaging, including barrier sheets and thermoformed containers to extend product shelf-life, often in partnership with global food producers. The acquisition will allow both groups to lead the innovative change in manufacturing sustainable packaging and to become the global leader for rigid barrier applications, with EDV becoming Paccor’s Center of Excellence for thermoformed products requiring higher oxygen protection. At the same time, EDV has gained a strong partner for the further support of its market growth in Europe and beyond.