LPF has been part of the Clondalkin Group since 2005, which has been owned by Dutch private equity investor Egeria since 2016. LPF's core competencies include the development and production of printed and unprinted duplex and triplex laminates for packaging applications. LPF supplies the packaging industry for food, pharmaceuticals and technical products in particular.

"We value LPF's high level of development and market expertise and plan to establish the Grootegast site as a competence center for high-performance laminates within the Südpack Group in the long term. In this way, we want to further expand Südpack's expertise and service portfolio in the development and production of high-performance laminates for a wide range of applications in order to serve attractive growth markets and open up new markets," explains Erik Bouts, CEO of Südpack.

The smooth continuation of LPF's activities after the takeover is guaranteed. Südpack will take over the entire LPF workforce. LPF's customers will also continue to be supported by the existing sales organization, which will also gradually drive forward the development of new markets. Production of the portfolio of high-performance laminates previously manufactured by Südpack will continue unchanged at the sites in Ochsenhausen and Bioggio, Switzerland.

Jacco Thijen, Managing Director of LPF, sees the integration into the Südpack Group as very positive: "LPF has been able to generate significant growth in the flexible packaging sector over the last four years with the support of Egeria. In Südpack we have found a new partner that is willing to invest and whose sustainable corporate management and long-term growth strategy are convincing. We can participate to a large extent in Südpack's strengths and core competencies and at the same time contribute our own know-how. Our entire team is therefore very much looking forward to working together."

The integration of LPF into the Südpack Group is to begin immediately. Erik Bouts, CEO of Südpack, is convinced "that we will make very rapid progress with the integration of this highly motivated team, as we share the same values and vision. Ultimately, we are all focused on developing the best possible solution for each customer requirement."