WestRock has entered into an agreement to acquire Schlüter Print Pharma Packaging, a Germany-based supplier of leaflets and booklets.
The acquisition will allow WestRock to grow in the pharmaceutical and automotive industries, where Schlüter has a strong presence.
Schlüter will become part of WestRock’s Multi Packaging Solutions business. Marc Shore, president of WestRock’s Multi Packaging Solutions business, said: ‘Schlüter has an excellent reputation as a high-quality supplier to customers in the pharmaceutical and automotive industries, and this acquisition will enable us to build our business in these growing markets.
‘It will also expand our geographical footprint to better serve customers throughout Europe.’
Andreas Schlüter, owner of Schlüter Print Pharma Packaging, added: ‘We are excited about what becoming part of WestRock means for our customers and employees. We firmly believe that WestRock is well positioned to grow the business and continue developing solutions that will help our customers address the challenges they face today and in the future.’