Arla Foods, Inc., USA, Basking Ridge, N.J., reached an agreement to sell its flexible packaging subsidiary Danapak Flexibles A/S to Austrian-based Schur Flexibles Group.
Danapak Flexibles is a Denmark-based supplier of high-quality packaging for companies in the dairy and food industries. Founded in 1955 by the Danish Dairy Board, the company has since been owned by several companies in various constellations, also partly owned by Arla.