date:May 12, 2014
Dairy co-operative Arla Foods has agreed to sell its packaging subsidiary Danapak Flexibles to Austria-based Schur Flexibles Group for an undisclosed price. The takeover is expected to be completed by July 1st 2014, subject to approval by the relevant competition authorities.
Danapak Flexibles is a Denmark-based supplier of high-quality packaging for companies in the pharma, dairy, and food industries. Founded in 1955 by the Danish Dairy Board, the business has since been owned by several compa