Packaging Firm RKW-Group to Buy Biofol Film

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01 Jul 2014 15:59 Valerie Rose

CHEMMONITOR.COM - The RKW-Group, a German flexible packaging manufacturer, will buy Biofol Film owned by WKI Group. The acquisition has been already approved by German Anti-Trust Commission.

This deal will help the RKW-Group to strengthen its market position. Moreover, the acquisition will assist the company in developing its expansion strategy.

The Biofol’s plant located at the Unseburg site in Germany will be owned by RKW Agri, which is a 100% subsidiary of the RKW Group.

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