Reusable Packaging News
Cartonplast Group strengthens its returnable transport packaging business with the acquisition of Green Plate
Dietzenbach, Germany, 4 September 2018 – Cartonplast Group (“CPL”), Europe’s leading provider of mission-critical closed-loop logistics services to the food and beverage packaging industry, has acquired Germany-based Green Plate GmbH (“Green Plate”).
CPL and Green Plate are combining their returnable transport packaging (“RTP”) solutions via plastic layer pad (“PLP”) pooling operations. By merging asset pools and logistics networks with Green Plate, CPL strengthens its capabilities in reusable RTP solutions for the glass and can container industry. The acquisition further amplifies the service proposition for CPL’s German and international clients.
Serkan Koray, CPL’s Chief Executive Officer, said: “The acquisition of Green Plate is part of our continuous strategy of service and market expansion. Our menu of mission-critical RTP outsourcing solutions for the container manufacturing industry will keep benefiting the environment, the sustainability of our clients’ business models and their overall economic efficiency.”
Michael Heikenfeld, the Chief Sales Officer of CPL and Managing Director of CPL Germany, added: “We are proud to have been continuously supporting our customers in Germany since the mid-late 1980s. We will further increase our depth and breadth of service after the acquisition of Green Plate. Weexpect this business combination to improve our already high network effects, leading to more efficient pool management and enhanced service breadth.”
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Oliver Hoffmann, Managing Director of Green Plate, added: “Green Plate views this combination as highly complementary and beneficial for the clients of Green Plate and CPL, as well as for all industry stakeholders”
After the acquisition of Green Plate, CPL’s pool of PLPs will be sized at more than 45 million units and its service network will count on 17 operating sites in the Eurasian region plus 9 on-site / in-house service centres in Brazil and South Africa. CPL’s international drive will continue to support container manufacturers focused on efficient and environmentally-sustainable logistics. CPL plays a critical role in the marketplace, providing unique ‘first-mile’ solutions to the users of RTP logistics across 20 countries.
RPN