Lifco has signed an agreement to acquire the majority of the German company Ergopack. The operation will be consolidated in Business Area Systems Solutions, division Environmental Technology, as the company says in the press release received by Lesprom Network.
In 2018, the acquired operation reported net sales of approximately Euro 22 million. The business is based in Lauingen, Germany and employs around 85 people.
The acquisition is subject to anti-trust clearance from German authorities.
Ergopack is the leading manufacturer of ergonomic and mobile pallet strapping systems that are used in many different industries globally.
