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ALPLA to buy Spanish plastic packaging company Bopla

June 03/2020

MOSCOW (MRC) -- Austrian packaging solutions and recycling solutions provider ALPLA has agreed to purchase Spanish plastic packaging company Bopla, said Packaging-gateway.

The acquisition is part of an asset deal. Both the parties have not disclosed the purchase price, or any further details involved with the acquisition. Financial or other terms were not disclosed.

ALPLA is planning to bolster its own portfolio by making use of the Spanish companys single-stage manufacturing technologies expertise.

It will also strengthen ALPLAs presence in the cosmetics and household care markets sectors.

Bopla, with a staff of 50, uses extrusion blow moulding (EBM) and injection stretch blow moulding (ISBM) to produces plastics packaging for customers in the cosmetics, personal and household care sectors.

ALPLA intends to use Boplas expertise in single-stage manufacturing technologies to expand its own product portfolio, it said. The Austria-based company has existing production at Les Franqueses which it will seek to integrate with Boplas site.

As MRC informed earlier, ALPLA strengthened its recycling operations and entered into the high density polyethylene recycling market with the acquisition of two Spanish businesses. The company said it signed the purchase agreements for the acquisition of Suminco SA in Montcada, near Barcelona, and Replacal SL in Palencia, north of Madrid, in October, 2019.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 383,760 tonnes in the first two month of 2020, up by 14% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments increased due to the increased capacity utilisation at ZapSibNeftekhim.


mrcplast.com
Author:Anna Larionova
Tags:PE, packaging, Alpla.
Category:General News
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