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Article: Power at the top: Europe's leading plastics packaging companies increase market share.(EUROPE: GLOBAL NEWS)

Article from:
Plastics Engineering
Article date:
October 1, 2007
Copyright

The love affair between plastics packaging and private equity hit a new high in 2007, despite recent fluctuations on the money markets. According to a new report from AMI, 14 of Europe's top 50 plastics packaging companies are now owned by private equity investors, compared with just one in 2002.

Amcor is now Europe's largest plastics packaging business with related European sales estimated at 2,070m [euro]. The Australian owned company only recently knocked Austria's Alpla-Werke off the top position, having integrated the Schmalbach Lubeca PET business into its operations.

Europe's third largest player is Alcan Packaging which is currently up for sale. ...

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