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2024-11-26 00:00:00
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TeraPlast Group has announced a major expansion with the acquisition of a 70% stake in Optiplast, Croatia's third-largest flexible packaging manufacturer. The acquisition aligns with TeraPlast’s strategic goal to enhance its footprint in the European packaging industry.
Optiplast, known for its extensive expertise and 35 years of experience in the flexible packaging sector, shares a similar product range and technological capabilities with TeraBio Pack, TeraPlast's eco-friendly packaging division. This acquisition is expected to boost TeraPlast’s production capacity and technological synergies while expanding its market reach in Europe.
By integrating Optiplast into its portfolio, TeraPlast Group aims to strengthen its position in the flexible packaging market, catering to the growing demand for innovative and sustainable packaging solutions across the continent.
This acquisition marks a significant milestone in TeraPlast’s journey of becoming a leading player in the European packaging industry.
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