Trioworld Group has signed an agreement to acquire the Dutch company Flexoplast, a leading player
in solutions for high performance food, beverage and industrial packaging, from the Clondalkin Group.
“We are very pleased to welcome Flexoplast into the Trioworld group. Flexoplast has shown very strong development over the past years, also during Covid times, supporting customers with high performance packaging solutions. The company is well invested and management focused on broadening the product offering and increasing service levels to customers. With our joint forces we hope to continue this successful journey,” says Andreas Malmberg, CEO of the Trioworld Group.“We see Trioworld as a very good owner and partner in developing our business to the next level. Trioworld and Flexoplast share the same views on long term sustainable development, built on customer driven innovation and solid quality products,” says Wietse van den Bosch, Managing Director at Flexoplast. “Both parties bring strong product portfolios to the market, with unrivalled service andcompetence. Together we will be able to create more value for our customers,” continues Mr. van den Bosch. The transaction is subject to customary regulatory requirements and approvals. The Trioworld Group will, after the transaction is completed, own 100% of the shares.
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