This move increases the group’s market share in Europe
Novio Packaging Group has announced its acquisition of German-Swiss packaging company Flacopac/Deflaco.
This move increases the group’s market share in Europe and gives the Netherlands-based company a significantly stronger presence in the industry.
Novio Packaging Group, which previously acquired Haal Verpakkingen BV and Scandinavian Packaging AS in 2018, has again expanded its sales channels and customer base in Europe through the acquisition of Flacopac (Germany) and sister company Deflaco (Switzerland) in 2019.
This acquisition will also significantly expand the range of services and products offered by the group.
Marck Jansen and Erik Trum, the Managing Directors of Novio Packaging Group said, “These acquisitions allow us to combine our strengths to create a broader product offer, particularly in the cosmetics and perfume sectors. Furthermore, the addition of strong markets such as Germany and Switzerland to our sales region will allow us to consolidate and further strengthen our position in Europe. In combination with the high-quality services and quality focus of Flacopac/Deflaco, we see major opportunities for professionally expanding our international strength.”
Jürgen Schmidt, Founder, Flacopac and Deflaco said, “As part of the Novio Packaging Group, we will be able to develop our products and innovations more intensively and market them throughout Europe. The acquisition is undoubtedly a step in the direction of an even more positive future as it gives us greater buying power, expands our range and improves overall professionalism. It is beneficial for Novio Packaging Group, for us and above all for our customers.”
Flacopac and Deflaco will continue their development activities at the existing sites.