The Schur Flexibles Group has reached an agreement to take over Danapak Flexibles from Arla Foods. The acquisition is expected to have effect by July 1, subject to approval by the authorities. The Group thus expands the number of companies up to a total of 12.

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Schur Flexibles Group acquires Danapak Flexibles A/S

May 23, 2014. /Lesprom Network/. The Schur Flexibles Group has reached an agreement to take over Danapak Flexibles from Arla Foods. The acquisition is expected to have effect by July 1, subject to approval by the authorities. Schur Flexibles Group thus expands the number of companies up to a total of 12, as the company said in the press release received by Lesprom Network.

Founded in 1955 by the Danish Dairy Board, Danapak Flexibles has become a specialist for high-barrier packaging solutions for the pharma, dairy as well as other food industries. The company has established itself with a strong niche assortment of high-quality flexible packaging, focussing especially on the pharmaceutical industry and employs a staff of 190. Danapak Flexibles’ headquarter and main production site are located in Slagelse with an additional printing facility in Horsens, both in Denmark and has a strong customer portfolio with focus on significant international brands, generating yearly revenues of approximately Euro 53 million.

The acquisition of Danapak Flexibles A/S indicates a new era within a striving and dynamic flexible packaging group, the Schur Flexibles Group. Both complement each other perfectly, as Schur Flexibles is a strong supplier of high-barrier flexible packaging for the food, tobacco and healthcare industries.

“Danapak’s excellent product range and know-how of high-barrier flexibles for pharmaceutical- and dairy market perfects our product portfolio. Danapak Flexibles’ unique Product Technology Center combines skills within research, development and graphic design and features a fully equipped laboratory as well as a pilot plant, which will enable us to meet demands and trends from our customers very quickly,” Jakob A. Mosser, CEO of Schur Flexibles Group states.