Emsur, the flexible plastic packaging division of Grupo Lantero, has acquired the majority share of Eximpack since it was partially acquired in 2016.
Emsur, the flexible plastic packaging division of Grupo Lantero, has acquired the majority share of Eximpack since it was partially acquired in 2016.
The relationship between the two companies has been positive and complementary through the integration of expertise from both sides. The deal is within Emsur’s strategic framework of with the aim of growth in new regions and nations, as well as increasing its product range and technology portfolio.
Eximpack’s core businesses include shrink sleeves in eastern Europe, where they are currently the market leaders.
Founded as a family business in St. Petersburg, Russia, in 1998, Eximpack now has a highly efficient 10,000m2 production site fully equipped with a skilled workforce of 240 people, and rotogravure and extrusion for shrink film technologies.
The Eximpack´s acquisition highlights Emsur’s commitment to the Russian market and its involvement in improving and increasing the delivery of high-quality products across the whole European region – a strategic decision that accompanies that made by Coexpan, the packaging division of Grupo Lantero, will open a new factory in the Russian capital Moscow.
Andres Lantero, President of Grupo Lantero and CEO of Emsur, said: “I am proud to announce Eximpack as our new strategically acquired partner. We are going to spread our professionalism, innovative products and quality service to eastern Europe. This is a win-win movement where we continue growing globally, as well as adding higher value into the beverages market with great expertise.”
Andrey Smirnov, General Manager of Emsur Eximpack, added: “We are very pleased that the collaborative agreement with Emsur group is carried out so efficiently. We have defined ambitious market growth goals and are eager to show the flexible packaging industry what we are capable of within the sleeves spectrum”.
EMSUR is the flexible containers for packaging solutions division of Grupo Lantero, dedicated to the manufacture of solutions for the food sector.
