Südpack Verpackungen GmbH und Co. KG, a Germany-based provider of flexible packaging solutions, acquired Seville Flexpack Corp., Oak Creek, Wis., effective Oct. 1. The acquisition is intended to strengthen Südpack’s U.S. business.
“We’d been looking for a suitable candidate for our U.S. business for quite some time, and we’re very pleased to have found the right partner in Seville Flexpack in Oak Creek,” says Johannes Remmele, managing partner at Südpack. “The site is ideal in a number of ways—the facilities offer modern equipment for flexographic and rotogravure printing, sufficient storage capacity, and most importantly, highly experienced employees. In addition, it’s located at the heart of the U.S. meat and cheese industry—two key customer segments for our packaging solutions. Taken together, it’s the perfect fit for our corporate group.”
All of Seville Flexpack’s employees will be retained, and Südpack will continue servicing Seville’s client base. The goals of the acquisition are to provide products for Südpack’s current U.S. customers whilst offering more flexibility. Moreover, by acquiring its first overseas production site, Südpack has laid the groundwork for further expanding its U.S. business. In the near future, printing, processing and slitting will be done directly in Oak Creek, which will translate into shorter delivery times and greater flexibility.
“That was an essential aspect for us, as we intend to grow further in the United States and broaden our client base,” adds Remmele.