- Olympus Partners, a private equity firm headquartered in Stamford, Connecticut, USA, announced they have completed the acquisition of the DS Smith Plastics Division through their portfolio company Liquibox Corp., based in Richmond, Virginia.
- Company to exhibit at MODEX 2020 for the first time under its new name. Vist Corplex at Booth 6291 in the RPA Pavilion.
Kayserberg, France,March 2, 2020. The recent sale of DS Smith Plastics Division to Liquibox Corp., based in Richmond, Virginia, has resulted in the creation of new Liquidbox subsidiaries, including DW Reusables and Corplex. Corplex is a market leader in extruded plastic products for numerous market segments including automotive, pharmaceutical, retail, reusable packaging, graphics and more. Corplex operates out of seven sales and manufacturing facilities strategically located in France, the United Kingdom, Spain, Slovakia and the USA from where it delivers award-winning products to customers around the globe.
“This is a very exciting time for us at Corplex,” said Lucas van der Schalk, CEO of Corplex. “By combining the industry expertise of Olympus with our capabilities, technical know-how, and talented staff, we are well situated to offer our customers innovative, quality products and unparalleled service. As industries transition into a circular economy, our customers are faced with new challenges in the markets they serve. We are now ideally positioned to partner with them and continue developing the innovative solutions that will be critical to the success of their own businesses. Olympus has invested, and will continue to invest, to strengthen our market position and consolidate Corplex to remain the market leader for fluted plastic extruded products.”
“At Corplex, we have a great story to tell around sustainability and closed-loop distribution systems,” added Daniel Rohrmus, Chief Commercial Officer. “Our products are lightweight and designed to be durable, reusable, recyclable to help our customers reduce their environmental carbon footprint with less waste and fewer emissions. Whether their requirements include improvements in logistics, managing costs or achieving sustainability goals, Corplex can help them realize these challenges.”
Corplex will exhibit at MODEX 2020 for the first time under its new name. Vist Corplex at Booth 6291 in the RPA Pavilion.