Emsur Acquires Majority of Russia-Based Shrink Sleeve Specialist
Emsur, the flexible plastic packaging division of Grupo Lantero, has acquired the majority of Eximpack, a company specializing in shrink sleeve development. The relationships between the two companies have been very fruitful, integrating expertise from both sides and complementing each other to add value to clients. This movement is within the strategic framework of the company that aims to grow in new regions and expand its global footprint, increase its products and technologies portfolio, and remark its focus on the beverages market and the dairy sector.
Eximpack started its activity as a family business in 1998 in St. Petersburgh, Russia. Now, it operates a 10,000 square meter production site fully equipped with a skilled workforce of 240 people, and rotogravure and extrusion for shrink film technologies. It´s operating with two new investments: A new gravure printing line and a Combi laminator.
The Eximpack acquisition highpoints Emsur’s commitment to the Russian market.
“I am proud to announce Eximpack as our new strategic acquired partner. We are going to spread our professionalism, innovative products and quality service to the Eastern Europe. This is a win-win movement where we keep growing globally as well as adding higher value into the beverages market with a great expertise in sleeves,” says Andres Lantero, president of Grupo Lantero and CEO of Emsur.
Andrey Smirnov, general manager of Emsur Eximpack, adds: “We are very pleased that the collaborative agreement with Emsur group is carried out so efficiently. We have defined ambitious market growth goals and are eager to show the flexible packaging industry what we are capable of within the sleeves spectrum.”