Linpac: Purchase of Allibert returnable packaging business

Linpac Materials Handling has signed an agreement to buy Allibert from the US group Myers Industries for an undisclosed amount. Linpac said the combination of the two companies will result in a wider range of returnable transit packaging products being supplied, as well as a better service to customers on a local and international level.
Allibert is the European part of Allibert Buckhorn, and the Buckhorn operations based in the US will be retained by Myers Industries. Allibert has factories and distribution operations in the UK, Spain, France, Germany, Italy, Portugal and Benelux. Its headquarters are in Nanterre, France. Also included in the deal is the Raaco plastic toolbox business. Managing director of the Linpac Materials Handling division, Laurence Tanty, said: “The merger will allow us to create a dynamic business that will have the ability to deliver innovative, quality products and services to our customers.” Chief executive of Allibert, Mohsen Eskander, said: “We are very excited about this opportunity. Allibert and LMH are two well-respected companies with brands recognised in the market place.” The takeover agreement is subject to regulatory approval in a number of European countries.

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