Schur Flexibles Group to acquire French flexible packaging producer
Schur Flexibles intends to leverage UNI Packaging’s strong market position for pouches.
Schur Flexibles Group, a European flexible packaging supplier, announced plans to UNI Packaging, a flexible packaging producer.
Headquartered in Averdoingt, France, UNI Packaging maintains a network of seven production sites and five logistics hubs, predominantly based in France, the UK and Austria, as well as European sales offices.
“UNI Packaging would perfectly complement and enhance our business portfolio,” says Michael Schernthaner, managing director of Schur Flexibles. “It is an established player [that] keeps breaking new ground. With our combined businesses based on a balanced geographic footprint, leading technology and high-quality products, we would shape the future of the packaging industry.”
“The flexible packaging market is characterized by fast technical developments and increasing customer expectations,” adds Franck Caresmel, a UNI Packaging board member. “As part of the Schur Flexibles Group, we would be even better prepared to face these challenges, with the ability to leverage our combined experiences and our different areas of expertise advantageously.”
Schur Flexibles plans to benefit from UNI Packaging’s access to and expertise in the digital printing technology. The acquisition would also add scale to Schur Flexibles’ operations and improve profitability. Likewise, Schur Flexibles intends to leverage UNI Packaging’s strong market position for pouches.
Given UNI Packaging’s extensive knowledge and experience in packaging dairy, and help Schur Flexibles expand its footprint in both the cheese, dairy and fresh food and convenience markets.
Regionally, the planned combination would support Schur Flexibles’ foothold in France and the UK.