The French family-owned firm, based in Averdoingt, owns seven production sites and five logistic hubs across France, the UK and Austria.
On approval, the acquisition will strengthen Schur Flexibles' market position in cheese and dairy and the fresh food and convenience markets and digital printing.
The partnership will support Schur Flexibles’ foothold in France and the UK by taking advantage of UNI Packaging’s strong market position for pouches.
Franck Caresmel, board member, UNI Packaging, said the flexible packaging market is dominated by fast technical developments and increasing customer expectations.
“As part of the Schur Flexibles Group, we would be even better prepared to face these challenges, leverage our combined experiences and offer our different areas of expertise,” he added.
As part of the deal, the Caresmel family will assume responsibility for the pouch-making and digital operations of the combined businesses.
UNI Packaging also invests over €2m a year into research and development and development of existing products and processes, which can anticipate market developments.
Michael Schernthaner, MD, Schur Flexibles Group, based in Baden, Austria, said UNI Packaging will complement and enhance its business portfolio.
'Breaking new ground'
“It is an established player which keeps breaking new ground. With our combined businesses based on a balanced geographic footprint, leading technology and high quality products, we can shape the future of the packaging industry,” added Schernthaner.
Schur Flexibles Group founded in 2012, recorded an actual turnover of €350m last year and employs around 1,400 employees, with 12 companies with 14 production plants in Germany, Finland, Denmark, the Netherlands, Poland, Slovakia, Greece and Russia.
UNI Packaging specializes in creation/design, co-extrusion, rotogravure, flexography, digital, film lamination, sleeve bag forming and logistics.