Acquisition marks the company’s third acquisition in Central and Eastern Europe and the first acquisition of a labels business outside of the United Kingdom.
Packaging Strategies spoke with Thomas Blaige, founder of Blaige Industry Analytics LLC, and Ron Giordano, a senior executive adviser at Blaige, to get an overview of M&A in the packaging industry.
DisSolves has created patented solutions for biodegradable and edible films for packaging applications, including encapsulants, nutraceuticals, and pods of different types.
Constantia is a leading producer of flexible packaging and the partner of choice to more than 4,000 pharmaceutical, food and consumer goods customers worldwide. Headquartered in Vienna, Austria, the Company employs over 7,150 employees globally at 28 sites in 15 countries.
The transaction is subject to customary regulatory requirements and approvals. The Trioworld Group will, after the transaction is completed, own 100% of the shares.
KENT Precision Foods Group is a dry and liquid-blending packaging food company specializing in rigid and flexible packaging while providing high-quality branded and custom products for customers in the food service (domestic and international) industrial and consumer products businesses.