Hoffmann Neopac, a global provider of high-quality plastic and metal packaging for a broad array of industries and applications, has acquired its longstanding metal packaging partner, Netherlands-based CM Packaging. As of 1 January 2020, the company intends to operate as a single entity. The parties have agreed not to disclose the acquisition price.
Expanded capacity and flexibility
Hoffmann Neopac is also investing in a three-piece can making line at CM Packaging’s facility in Dronten, The Netherlands. Among other benefits, the infrastructure investment provides expanded capacity and flexibility for the growing infant food sector.
Andreas Geiger, former CTO of Hoffmann Neopac, will assume leadership of the Metal Packaging division as managing director. The overall sales team will be led by Tomas Pivko, currently head of sales, Tins at Hoffmann Neopac. The three owners of CM Packaging will remain with the company.
Strengths of both companies
According to Mark Aegler, CEO of Hoffmann Neopac: ‘The team at CM Packaging has been a tremendous partner through the years, and with them joining the Hoffmann Neopac family we now have a production site in the EU in the metal sector and can also successfully implement our internationalization in this area. In the tube business, we have been doing this for several years, and now produce high-quality tubes in Switzerland, Hungary, India and the USA.’
CM Packaging sales & marketing director Herbert van de Beek comments: ‘The acquisition of CM Packaging by Hoffmann Neopac will combine the clear strengths of both companies and improve our position in an increasingly challenging market. It will also further strengthen our service and development power, which is a benefit to our customers.’