Schur Flexibles Group has acquired Swedish packaging specialist Scandiflex Pac to bolster its capabilities in the Nordic region.
Headquartered in Landskrona, Scandiflex Pac has revenues of approximately €20 million and manufactures flexible packaging for a range of segments such as meat, fish, dairy, dry food and coffee.
Austria’s Schur said it will now 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 €120 million.
Schur added that it will also be able to develop Scandiflex Pac’s expertise in printed and transparent films as well as laminates.
Michael Schernthaner, managing director of the Schur Flexibles Group, said: “Scandiflex Pac is the perfect addition to the growing Schur Flexibles Group. As a leader in the highly attractive Nordic region and an established player in flexo and digital printing, the company will perfectly complement our strong existing European footprint and capabilities. Together we will continue to revolutionise the European flexible packaging industry.”
Scandiflex Pac managing director Stefan Andersson added: “The flexible packaging market is characterised by growth and innovation. As part of the Schur Flexibles Group we can both, benefit from enhanced scale and pooled expertise to more effectively stay ahead of rapidly evolving customer demands and regulatory requirements.
“Schur Flexibles Group’s sharp focus on innovation, sustainability and quality also very clearly matches our own.”
Last year, Schur acquired premium packaging manufacturers Cats-Hänsel and Nimax from the Clondalkin Group.
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