Polish flexible paper and film packaging manufacturer, Hadepol Flexo, has been acquired by Coveris, the company’s fourth acquisition in Central & Eastern Europe following the recent purchases of packaging sites in Hungary, Poland and Czech Republic.
Founded in 1994, Hadepol Flexo operates two production facilities located in Rypin, Poland, and specialises in paper and film-based packaging options for bakeries and supermarkets, mainly for its domestic market.
‘I am delighted that despite the turbulent times in the overall industry, we manage to continue to follow our growth strategy,’ commented Christian Kolarik, CEO of Coveris. ‘We again prove that we are capable of expanding our service and offerings and thriving, together with our customers. Hadepol Flexo represents a perfect fit with our existing production network that will allow us to materialise synergies and broaden our service and packaging solutions offer for European bakery and confectionery customers.’.
The acquisition is subject to customary regulatory clearance and is expected to close towards the middle of Q2 2024.