By Mary Page Bailey |
January 7, 2021
Jindal Films, an international provider of innovative and sustainable films for flexible packaging industry, has signed an agreement for the acquisition of 100% of the shares in Italy-based nylon film specialist DOMO Films Solutions Spa (DFS) from private owned group DOMO Chemicals (Leuna, Germany).
DFS is one of the major European producers of nylon films (both biax-oriented BOPA and cast extruded CPA) for flexible packaging in food, pharma, medical and other industrial sectors.
The acquisition will boost Jindal Films’ know-how, capabilities, and presence in the pharma, medical and other high end flexible packaging segments, combining biax-oriented (BOPA) and Cast extruded (CPA) nylon films portfolio with the existing full basket of polyolefin-based films. Overall, this means the group will become a full-service provider globally, further expanding the range of plastic films for the flexible packaging converting value chain.
13:23 PM | January 7, 2021 | Mark Thomas
Deal expected to close by end of first quarter, Domo to concentrate on polymers, engineered materials.
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January 6, 2021
Jindal Films has agreed to buy Domo Chemicalsâ Italian-based nylon films business for an undisclosed fee. Domo Films Solutions (DFS) is a producer of biaxially oriented polyamide (BOPA) film and casting polyamide (CPA) film for flexible packaging in food, pharma, medical and other industrial sectors. Jindal said the acquisition will boost its know-how, capabilities, and…
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