On 1 February 2021, Südpack will acquire LPF Flexible Packaging B.V. (LPF) from the Clondalkin Group. The company, located in Grootegast, the Netherlands, is a leading manufacturer of high barrier films for sensitive products.
LPF was founded in 1907 and has long-standing experience in the development and production of packaging materials. For Südpack, the acquisition is a further key element in its long-term growth strategy. Since 2005 LPF was part of the Clondalkin Group, which is owned by Dutch private equity investor Egeria since 2016. LPF’s key competencies include the development and production of printed and unprinted duplex and triplex packaging laminates, which provide highest product protection and prolonged shelf life for the most demanding applications.
“We value LPF’s high level of development and market competence and plan to establish the site in Grootegast as a Competence Center for High Performance Laminates over the long term within the Südpack Group. In doing so, we want to further expand Südpack’s expertise and performance portfolio in the development and production of high-performance laminates for various applications in order to serve attractive emerging markets and tap into new markets,” explained Erik Bouts, CEO of Südpack.