Stratus Packaging acquires French label manufacturer Freppel Imprimeur

Stratus Packaging Group has purchased Freppel Imprimeur, a France-based shaper of labels and printed media established successful 1968.

Financial specifics of the woody were not disclosed.

Freppel Imprimeur employs 60 unit and operates from a 5,000m² accumulation site, focusing connected statement manufacturing and people services.

The determination aligns with Stratus Packaging Group’s strategy, which is “aimed astatine strengthening lawsuit proximity, geographical coverage, and concern synergies”, according to the company’s statement.

With this acquisition, Stratus' reported turnover stands astatine much than €100m ($119m) and the combined workforce of implicit 520 people.

Stratus Packaging CEO Isidore Leiser said: “Since the instauration of the Stratus Packaging Group, our ambition has been to make some organically and done outer growth, portion respecting the cardinal principles that inactive usher america today: packaging solutions adapted to each lawsuit and each challenge, a beardown consciousness of belonging, wide performance, and continuous betterment of our employees.”

Freppel Imprimeur’s determination successful Alsace is expected to supply caller opportunities for Stratus, France, arsenic good arsenic neighbouring Germany.

Freppel Imprimeur uses a assortment of printing techniques, including offset, surface printing, flexography, and integer processes.

Its lawsuit basal spans the food, beverages, wines, spirits, and luxury markets.

Freppel Imprimeur managing manager Denis Maciuk commented: “This integration strengthens our complementarity successful the wine, spirits, and luxury markets, wherever accepted and integer technologies afloat explicit their potential.

“This merger rapidly proved to beryllium an evident choice, arsenic Freppel Imprimeur and the Stratus Packaging Group stock communal values: family-owned businesses, the aforesaid tone of innovation and investment, commitment, lawsuit service, and squad complementarity.”

"Stratus Packaging acquires French statement shaper Freppel Imprimeur" was primitively created and published by Packaging Gateway, a GlobalData owned brand.

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