Aluflexpack Group acquired Eliopack

MP Corporate Finance acted as the exclusive financial advisor to Aluflexpack Group, a European leader of flexible aluminium packaging solutions in the acquisition of French pharma and food packaging converter Eliopack.

Aluflexpack Group supplies innovative and high-quality flexible packaging solutions mainly to the dairy, confectionary, general human and pet food industry. Due to its distinct expertise in converting aluminium and plastic foils to premium packaging products AFP is the preferred supplier to leading global players and has long-standing relationships to Blue Chip customers. The company operates 6 production locations and generates revenues of more than € 120 million with about 700 employees.

Based in La Ferté Bernard, France, Eliopack laminates, prints, and slits films and foils for selected applications. With its leading-edge production technology Eliopack is a specialized supplier of blister foil, sachets and sleeves for the pharmaceutical, cosmetics and food sector. The company generates over € 20 million revenues with about 50 employees.

As part of the Montana Tech Components Group AFP pursues an active growth strategy to become one of the leading European flexible packaging players. The acquisition of Eliopack is a key strategic move in AFP’s European expansion plans. The transaction broadens AFPs geographic footprint and strengthens its activities in pharmaceutical and cosmetics packaging.