PrintAction

Globe News Business
Coveris acquires Initial Packaging


March 4, 2021
By PrintAction Staff

Topics

Leading European packaging company Coveris acquires U.K.-based Initial Packaging, which specializes in protective, tamper-evident, and customized packaging for security, logistics, and diagnosis applications. With this acquisition, Coveris gains access to new markets and distribution channels as well as expands its product portfolio and manufacturing capability in this area.

“After a long and extensive search for an ideal partner, we are delighted to welcome Initial Packaging in the Coveris family. Initial Packaging supports our growth strategy in high-performance speciality bags. Alongside food and pet food, we will realize further growth in the hygiene, pharma, and medical segment. This product group is a perfect example of how plastics can show its superior performance in a convincing and sustainable way,” said Jakob A. Mosser, CEO, Coveris.

Advertisement