EDV delivers products which require greater protection against oxygen migration and coffee capsules made from polypropylene, as well as made out of advanced bio compostable materials. The acquisition advances Paccor’s position in rigid barrier packaging applications globally.
EDV combines its technology with a complete project management service, ranging from product conception to production and with the delivery of full solutions to customers. It has also developed processes for the efficient manufacturing of barrier applications such as coffee capsules made from polypropylene, as well as advanced bio compostable materials. EDV is also a leader in rigid barrier applications for ready-meals and the world’s third largest producer of fruit bowls (for products such as, compotes).
“We are very happy to welcome EDV Packaging Solutions as a new member of the Paccor worldwide family. Over the past years, EDV has achieved very impressive growth and profitability. We are happy to merge forces in order to jointly capture further opportunities within Europe and outside of it,” commented Andreas Schütte, chief executive, Paccor.
Paccor believes the acquisition will allow both groups to lead the innovative change in manufacturing sustainable packaging and to become the global leader for rigid barrier applications, with EDV becoming Pacoor’s Center of Excellence for thermoformed products requiring higher oxygen protection. Furthermore, Pacoor will also enter the fast-growing market for coffee capsules in Europe. At the same time, EDV has gained a strong partner for the further support of its market growth in Europe and beyond.
“After 30 years of hard work growing a family business to become the leading European operator of rigid barrier packaging, it is an excellent opportunity for us to be a part of the bigger Pacoor family. This is an upscale to become a worldwide player in this fast growing segment,” summarised Koke Pursals, president of EDV.
EDV Packaging Solutions was founded in 1972 and has been growing successfully in Europe for the last four decades and gradually making an impact on US and Asia markets.