US-based sustainable packaging machines firm Polypack has acquired France-based end-of-line packaging manufacturer Polypack Sarl for an undisclosed amount.
Although both the companies share similar names, they have been operating as separate entities.
The US-based Polypack previously sold its products in French markets under the Franpack moniker banner.
Headquartered in Allonnes, Sarthe, Franpack Sarl received the rights to operate Polypack Sarl, reported Packaging World.
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Franpack will operate as Polypack Europe and this new organisation will produce new equipment to cater to the European and African markets.
Polypack sales and marketing vice-president Emmanuel Cerf was quoted by Packaging World as saying: “My father Alain Cerf actually started that company, Polypack France or Polypack Sarl, in 1959 and sold it in 1984.
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“Since 1984, we shared nothing but the name.
“They were making end-of-line packaging, including tray erectors, wrap around equipment, and shrink wrappers. But they were selling mainly to European and African markets.”
The deal also expands US-based Polypack’s portfolio with the addition of more than 3,000 machines. It will be able to operate as a single entity to serve its customers in Europe, the Middle East, and Asia.
Cerf added: “We may do some tray machines and corrugated equipment that we don’t build here. But really, this is a gain in market share and access to the installed base, service and support needs, and repeat business afforded by Polypack Europe.”
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