Südpack is reorganizing its operations in the US market, combining an equity transaction with long-term operational cooperation. The company has sold its production facility in Oak Creek, Wisconsin, to its long-standing industry partner PPC Flex. The sale is accompanied by an extensive strategic partnership aimed at supporting joint growth in the US market, in particular in the meat and cheese packaging segments.
PPC Flex, with approximately 1,600 employees, is among the leading flexible packaging converters in North America and has both extensive market access and a broad technological base. The Südpack facility located north of Chicago fits into PPC Flex's existing site strategy, complementing its production infrastructure. For Südpack, ensuring a secure and stable future for the employees at the Oak Creek site was a key priority at every stage of the process.
Combining technological expertise and market position
The new partnership integrates Südpack's technological know-how with PPC Flex's established market position in North America. The two companies plan to collaborate closely on the development and supply of high-performance packaging tailored to the requirements of customers in the United States. Particular emphasis is to be placed on solutions for the meat and cheese industries, which are among the key packaging market segments in the region.
The scope of the partnership includes a focus on innovation and on aligning packaging solutions with the specific needs of customers. The combination of Südpack's experience in packaging technology with PPC Flex's extensive customer base and converting infrastructure is intended to enable more targeted development of the product portfolio. The companies' joint activities are directed towards increasing the competitiveness of the solutions available on the US market.
Strengthening the position in the US market and long-term growth perspective
By selling the Oak Creek facility combined with entering into a strategic partnership, Südpack is strengthening its presence in the US market while changing the way its operations in the region are organized. The company emphasizes that securing continuity of employment and development prospects for the workforce of the former production site was a priority. Integrating this facility into PPC Flex's network is intended to leverage its potential within the broader development strategy pursued by the new owner.
According to the parties, the new cooperation structure is expected to create a solid basis for sustainable, long-term growth in the region. The partnership is to enable both companies to offer more tailored, innovative and efficient packaging solutions to customers in the United States. As a result, the transaction and the accompanying cooperation agreement represent an element of Südpack's realignment and long-term strategic focus in the US market.
