DS Smith Plastics Division has acquired the Croatian injection moulding company Kaplast d.d. The newly acquired company will be integrated into the Rigid Packaging Group’s Injection Moulded Products’ business whose main facility is located in Bilzen, Belgium.
Kaplast will be integrated into the DS Smith Plastics Division’s Rigid Packaging Group leading manufacturers and suppliers of Corrugated Plastics and Injection Moulded transit packaging solutions in Europe.
Kaplast is a manufacturer of plastic products specializing in added value returnable beverage and food packaging. The integration of Kaplast to DS Smith Plastics Division provides additional value to customers with increased manufacturing capabilities, service offerings and combined experience in innovative injection moulded transit packaging for a variety of industries.
“The acquisition of Kaplast builds on our market leading position in Europe and will allow us to grow our injection moulded product offer in the region where we already have injection moulded and extruded plastic operations,” says Hans Van Der Looij, Managing Director of DS Smith-Plastics Rigid and Flexible Packaging European group.
“We are excited to combine the strengths of these two dynamic organizations,” adds Ivan Feitl, General Manager of Kaplast, and now of DS Smith Plastics’ Croatian operation. “Both DS Smith and Kaplast, are known for the value and quality we bring to clients. Together, we can bring a new energy and heightened strategic approach to those we serve by capitalizing on synergies and our expertise in injection moulding plastics packaging.”
“Our shared niche markets will allow us to leverage our service offerings, combined experience, and industry knowledge,” concludes Paul Baeyens, Managing Director of DS Smith Plastics, Injection Moulded Products. “In addition, by combining the resources of both companies, we can better meet the needs of our clients as they grow and expand.”