August 31, 2016 Updated 8/31/2016
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Plastics News Europe
Axium Group PET containers produced by Axium subsidiary Acti Pack,
Axium Group, based in Andrézieux-Bouthéon, France, has acquired German blow molder KKT Kaller Kunststoff Technik, expanding its product range and regional footprint. Terms of KKT’s sale to Axium by Heinz Glass & Plastic were not disclosed.
Axium generates about 30 million euros ($ 33.4 million) in annual sales from its three packaging subsidiaries: Acti Pack and Loire Plastic Industrie, both in Andrézieux-Bouthéon, France, and Acti Pack CZ in Janovice, Czech Republic.
The group produces injection stretch blow molded PET jars and containers, and also injection molds caps and closures. It supplies to the personal care, cosmetics and food markets.
KKT has annual sales of 17 million euros ($ 18.9 million) and operates a facility in Kall, Germany. It produces blow molded containers in PET, polyethylene and polypropylene for the food, cosmetic and chemical industries. KKT sold more than 140 million products in 2015, according to Axium.
Axium, which already has a sales office in Germany, said the acquisition of KKT “strengthens its industrial and commercial presence locally, confirming its pan-European presence as PET packaging provider.”
