Nordenia to sell plant in Netherlands

A group of investors are set to take over Nordenia International’s flexible packaging plant in Putten, Netherlands, for an undisclosed amount.
The films and packaging group had originally planned to close Nordenia Holland in September this year. Now it will continue as a production site under new owners.
A letter of intent for the takeover has been signed with a group of investors led by Jos van der Vorst, who are also the owners of film converter Burgers, based in Apeldoorn, Netherlands. Completion of the deal is expected in the current quarter.
The Putten plant produces packaging for the food industry and films for the tyre and aviation industries. Nordenia said these business lines will continue, but products for the pet food industry will no longer be made at Putten.
Nordenia will retain the pet food packaging business, which is a growing area for the company.

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