CPP films are becoming an increasingly important material category within flexible packaging due to their excellent recyclability characteristics and compatibility with mono-polymer structures. Prior to the acquisition, Coveris Kufstein was the company’s sole CPP extrusion site, operating at full capacity to meet growing customer demand.
The integration of the business of GEFO enables Coveris to expand its CPP production capabilities while broadening its product portfolio across high-growth application areas including retort packaging, lidding films, bakery bags, and medical packaging and other non-food applications.
Coveris has expanded its cast polypropylene (CPP) film production capabilities through the acquisition of GEFO’s business.
The move strengthens its recyclable mono-material packaging portfolio and supports compliance with upcoming EU packaging regulations.
It also enhances capacity for high-growth applications such as retort, medical, and lidding films, where demand is rising across Europe.
The European CPP market is expected to grow by around 3% annually. Highly technical segments such as retort, medical, and lidding applications are expected to grow by more than 4%, mainly driven by sustainability requirements and the replacement of non-recyclable substrates.
“GEFO is an excellent addition to our existing network and further strengthens our sustainability strategy,” said Christian Kolarik, CEO of Coveris. “Demand for recyclable mono-material packaging continues to grow across Europe, making the expansion of our CPP capabilities for high-performance applications a logical next step. Through this acquisition, we are strengthening our production base and enhancing our ability to provide customers with innovative and sustainable packaging solutions that meet both evolving market needs and future regulatory requirements.”
The acquisition further reinforces Coveris’ position as a leading supplier of sustainable flexible packaging solutions across Europe.
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ALCHEMPro News Desk (JP)