M&As this week: Collcap, Schur Flexibles

17 November 2016 (Last Updated November 17th, 2016 18:30)

Collcap Group is set to merge with Quadpack Industries, a packaging manufacturer based in Spain.

Collcap Group is set to merge with Quadpack Industries, a packaging manufacturer based in Spain.

Quadpack will retain its brand name and Collcap’s office in Leek, UK, following the merger.

Collcap will offer its expertise in glass containers and plastic tubes, as well as sourcing operations in Asia.

Formerly known as Rinaplast, Quadpack Plastics offers injection-moulding solutions.

Schur Flexibles Group, a provider of flexible packaging solutions, will acquire a majority of shares in Drukkerij Zwart in order to expand its portfolio.

The financial terms of the acquisition have not been disclosed, and the transaction is also subject to approval by cartel authorities.

Schur Flexibles will own 13 companies with 13 production locations as a result of the acquisition.

Based in the Netherlands, Drukkerij Zwart serves the tea, coffee and confectionery industries, while its acquirer serves the food, tobacco and pharmaceutical industries.