{"id":25362,"date":"2021-03-31T09:16:17","date_gmt":"2021-03-31T07:16:17","guid":{"rendered":"https:\/\/php8.plastv.de\/?p=25362"},"modified":"2021-03-31T09:16:17","modified_gmt":"2021-03-31T07:16:17","slug":"paccor-aquires-miko-pac","status":"publish","type":"post","link":"https:\/\/plas.tv\/?p=25362","title":{"rendered":"PACCOR aquires Miko Pac"},"content":{"rendered":"

PACCOR,<\/span> a leading<\/span> global<\/span> player<\/span> in the<\/span> packaging<\/span> industry,<\/span> signed<\/span> a purchase<\/span> agreement <\/span>for<\/span> the<\/span> acquisition<\/span> of Miko <\/span>Pac,<\/span> the<\/span> packaging<\/span> division<\/span> of Miko<\/span> N.V.,<\/span> Belgium.<\/span> The<\/span> acquisition<\/span> strengthens <\/span>PACCOR’s <\/span>position<\/span> in injection<\/span> molding<\/span> by<\/span> complementing<\/span> the<\/span> product<\/span> portfolio <\/span>and<\/span> expanding<\/span> the <\/span>company’s<\/span> competencies.<\/span><\/p>\n

Miko<\/span> Pac\u2019s<\/span> plant<\/span> in Indonesia<\/span> extends<\/span> PACCOR\u2019s <\/span>international<\/span> reach<\/span> and<\/span> the<\/span> fast-<\/span>growing <\/span>Asian<\/span> market<\/span> can<\/span> now<\/span> also<\/span> be<\/span> served. <\/span>Miko<\/span> Pac<\/span> is<\/span> a world<\/span> leader<\/span> in<\/span> plastic<\/span> packaging<\/span> production<\/span> with<\/span> many<\/span> years<\/span> of expertise<\/span> and<\/span> a strong<\/span> dose<\/span> of<\/span>creativity.<\/span> They<\/span> develop<\/span> and<\/span> produce<\/span> innovative<\/span> solution<\/span>s for<\/span> ready<\/span> meals,<\/span> ice<\/span> cream,<\/span> margarine<\/span>, and<\/span> many <\/span>other<\/span> products. <\/span>Miko Pac employs approximately 500 people at its p<\/span>roduction sites<\/span> in Belgium, Poland<\/span>, and Indonesia<\/span> and at its <\/span>sales offices in France<\/span> and Germany<\/span>. <\/span><\/p>\n

Founded more than 45<\/span> years ago, Miko Pac is a specialist in <\/span>thermoforming, injection molding and in<\/span>-mold labelling. <\/span>Miko Pac will be integrated into PACCOR and its operational management will remain in the hands of its<\/span> former <\/span>co<\/span>-owners<\/span> and Managing Directors, Kristof Michiel<\/span>sen and Karl Hermans. <\/span>The<\/span> parties<\/span> have<\/span> agreed<\/span> not<\/span> to<\/span> disclose<\/span> the<\/span> purchase<\/span> price<\/span>.<\/span><\/p>\n

The<\/span> acquisition<\/span> is<\/span> expected<\/span> to be<\/span> completed<\/span> in<\/span> the <\/span>second<\/span> quarter<\/span> of<\/span> 20<\/span>21,<\/span> after<\/span> approval<\/span> by<\/span> the<\/span> rel<\/span>evant<\/span> competition<\/span> authorities.<\/span><\/p>\n

Andreas Sch\u00fctte,<\/span> CEO of PACCOR<\/span>: \u201cFollowing the purchase of the EDV Packaging Solutions, S.A., <\/span>in 2019, our <\/span>acquisition of <\/span>Miko Pac<\/span> is the logical next step in implementing our long-term business strategy and an <\/span>excellent fit for our defined M&A strategy. Miko Pac\u2019s innovative capabilit<\/span>ies will further add to s<\/span>trengthen our <\/span>ability to<\/span> meet the needs of our customers<\/span>. This acquisition aligns PACCOR<\/span> even more strongly for growth within <\/span>this highly promising area of business.\u201d<\/span><\/p>\n

Frans Van Tilborg, CEO of Miko: \u201cAfter years of successful growth, we now see in PACCOR the perfect partner <\/span>and owner to take the business forward and further globali<\/span>ze its market position. Both companies have a strong <\/span>innovation culture. We are committed to serving the best interests of our customers, are using the latest <\/span>methods and processes and have continually invested in the best R&D infrastructure.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

PACCOR, a leading global player in the packaging industry, signed a purchase agreement for the acquisition of Miko Pac, the packaging division…<\/p>\n","protected":false},"author":2,"featured_media":25363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,16],"tags":[],"series":[],"class_list":["post-25362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plas-tv-meldungen-auf-der-startseite-unterhalb-slider","category-plast-tv-textmeldungen"],"_links":{"self":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25362"}],"version-history":[{"count":1,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25362\/revisions"}],"predecessor-version":[{"id":25364,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/posts\/25362\/revisions\/25364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=\/wp\/v2\/media\/25363"}],"wp:attachment":[{"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25362"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/plas.tv\/index.php?rest_route=%2Fwp%2Fv2%2Fseries&post=25362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}