In acquiring all the shares in the packaging manufacturer Wolf Plastics Group based in Kammern, Austria, Alpla intends to use the company’s expertise, in particular in the manufacture of plastic buckets and canisters, to expand its product portfolio. With its three production facilities in Austria, Hungary and Romania, Wolf Plastics is the market leader in its line of business in Central and South-Eastern Europe. The Austrian and Romanian competition authorities are currently examining the proposal. Closure of the deal is subject to regulatory approval.|
The company Wolf Plastics was founded in Kammern in the Austrian federal state of Styria in 1973. It supplies SMEs and international key accounts in the construction, chemical and food industries with buckets, canisters and bottles. It currently has a workforce of approximately 210 employees across its three sites in Kammern, in Fertőszentmiklós (Hungary) and near Bucharest (Romania). The product range consists of around 400 products.
The contracting parties have agreed not to disclose the purchase price or any of the details involved. The acquisition deal was signed on 29 July 2021. The acquisition is subject to the legal and regulatory approval of the competent competition authorities.
Alpla Werke Alwin Lehner GmbH & Co KG, Hard, Austria