Südpack takes over LPF Flexible Packaging

LPF, located in Grootegast, the Netherlands, is one of the leading manufacturers of high barrier films for sensitive products founded in 1907. Since 2005 it was part of the Clondalkin Group, owned by Dutch private equity investor Egeria. 

LPF’s key competencies include the development and production of printed and unprinted duplex and triplex packaging laminates, which provide high product protection and prolonged shelf life for demanding applications. LPF mainly serves the packaging markets for food, pharmaceutical, and technical products. Its customers include globally leading brands. 

‘We value LPF’s high level of development and market competence and plan to establish the site in Grootegast as a Competence Center for High-Performance Laminates over the long term within the Südpack Group. In doing so, we want to further expand Südpack’s expertise and performance portfolio in the development and production of high-performance laminates for various applications to serve attractive emerging markets and tap into new markets,’ commented Erik Bouts, CEO of Südpack. 

LPF’s workforce will become part of Südpack post-transition, and its customer care will be carried on by the existing sales organization and gradually advance the cultivation of new markets. Meanwhile, high-performance laminates production continues without alterations at its sites in Ochsenhausen and Bioggio in Switzerland.

Jacco Thijen, managing director of LPF, added: ‘LPF has made significant steps in growing its Flexo laminates business with the support of Egeria during the last four years. In Südpack, we have found a new partner who is willing to make further investments and impresses with its sustainable corporate governance and long-term growth strategy. We can benefit extensively from its strengths and core competencies while contributing with our own know-how. As a result, our entire team is very much looking forward to our collaboration.’

The incorporation of LPF into the Südpack Group is to begin immediately. 

‘We will make rapid progress in integrating this highly-motivated team since we share the same values and visions. After all, what is of paramount importance to us all is to consistently develop the best possible solution to meet all of our customers’ needs,’ concluded Bouts.