Schur Flexibles Group Acquires Nordic Specialist Scandiflex Pac
Schur Flexibles Group, an international provider of sustainable packaging solutions, has acquired 100 percent of Sweden-based flexible packaging specialist Scandiflex Pac AB. The acquisition enhances Schur Flexibles’ growing market position in Europe, and will particularly bolster Schur Flexibles’ existing flexo printing, making the group a full-service provider in the Nordics region. Combining Scandiflex Pac with Schur Flexibles Denmark, Schur Flexibles Finland and Danapak Flexibles, the Schur Flexibles Group covers a platform in the Nordics with a turnover of more than 120 million euros.
Stefan Andersson, managing director of Scandiflex Pac, adds: “The flexible packaging market is characterized by growth and innovation. As part of the Schur Flexibles Group we can both, benefit from enhanced scale and pooled expertise to more effectively stay ahead of rapidly evolving customer demands and regulatory requirements. Schur Flexibles Group’s sharp focus on innovation, sustainability and quality also very clearly matches our own.”
Scandiflex Pac is one of the leading Swedish producers of printed flexible packaging laminates for the food industry. The company, in operation since 1985 is headquartered in southern Sweden. Scandiflex Pac is renowned in the Nordic region, and more broadly throughout Europe, for its capabilities in flexible printed packaging solutions for a wide range of food market segments. Scandiflex Pac currently operates at an efficiency rate of close to 100 percent and uses recycling systems that significantly reduce energy consumption.
Schur Flexibles Group, www.schurflexibles.com
Scandiflex Pac, www.scandiflex.se