American manufacturer of protective packaging sells European division to Italian firm.
May 7, 2014
by Canadian Packaging Staff
Deerfield, Ill—Airpack, S.p.A ofLodi, Italy, has acquired Pregis Corporation’s European protective packaging operations for an undisclosed amount.
Back in 2012, Airpack had purchased Pregis’ Italian operations. This new acquisition is part of Airpack’s strategy to increase its European footprint.
“We are pleased to be able to reunite the Italian business unit with the rest of the European operations. We now will have the support of more than 1,000 employees who will assist us in providing protective packaging solutions to the United Kingdom and across the entire European continent,” says Airpack managing director Sergio Folli.
The acquisition includes Pregis operations in the UK, Belgium, Germany, Romania, Poland, Czech Republic and Hungary. Manufacturing capabilities include foam and bubble extrusion, engineered foam and mailers.
“Pregis’ European operation is staffed by knowledgeable professionals with decades of experience in protective packaging solutions. This customer focused group will continue to engineer solutions that create value and exceed expectations within the markets served,” states Pregis president and chief executive officer Kevin Baudhuin.
Airpack is an Italian protective packaging leader in bubble and foam. The company has been providing technical solutions for industrial applications since 1978.
Based in Deerfield, Illinois, Pregis Corporation is a leading North American provider of innovative protective packaging materials and systems offering solutions for a wide variety of consumer and industrial market segments including food, beverage, healthcare, medical devices, agricultural, e-commerce, retail, automotive, furniture, electronics, construction and military/aerospace.
For more information: www.pregis.com.