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Danapak looking for plastics partner

Press Release   •   Nov 08, 2000 09:22 CET

Following the merger between MD Foods and Arla, Danapak is looking for a larger, international packaging partner to take over Danapak’s plastic tubs and lids business, the company announced this week.

The plastic tubs business, with a staff of 240, is expected to turnover approx. DKK 280 million in 2000/01. The production is centred on factories in Stilling in Denmark and Nummela in Finland.
“More than 70 per cent of our turnover in plastic tubs and lids already derives from sales to Arla Foods and the merger has meant that Arla Foods now has a tubs consumption which accounts for a substantial part of the total market for plastic tubs in the Nordic countries,” said Danapak’s Mikael S. Christiansen, Managing Director. “As the plastic tub business is our smallest business area, we have proposed to Arla Foods that we find a large, European partner with the critical mass to ensure the further development of our plastic tubs business.”
The move will enable Danapak to focus more on the two core business areas, cartons and flexible packaging.
The Danapak group’s turnover totals approx. DKK 1.1 billion and the group employs 960 people in Denmark, Norway, Sweden, Finland, Germany and the UK.