Industry News, Mergers and Acquisitions, Printers News

Coveris Acquires Leading New Zealand-based Flexible Packaging Company Elldex

Strategic addition marks continued commitment to growth and geographic expansion.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Coveris Holdings S.A. announced the acquisition of Elldex Packaging Solutions, a New Zealand-based full-service flexible packaging company. The acquisition, effective immediately, will enable Coveris to expand globally into Australasia.

Elldex is a manufacturer and importer of HDPE and LDPE flexible plastic packaging. With more than 125 employees, Elldex provides products that serve the meat, dairy, seafood, horticulture and agricultural sectors.

“We are very pleased to add Elldex Packaging Solutions to Coveris,” said Gary Masse, Coveris CEO. “As the global demand for our products continues to increase, Elldex will allow us to serve our customers in this important region of the world.”

“Elldex is a terrific strategic fit for Coveris. We are pleased to be part of this growing packaging company,” said Murray Hine, Elldex GM. Elldex was previously owned by Hellaby Holdings Ltd.

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters