Alma Packaging AG
Industry: Plastic film manufacturer
Transaction type: Succession
Acquisition: in 2019
Turnover: CHF 20 million
Alma has been extruding customized laminated films for food packaging for more than five decades in Cormagens, near Fribourg, Switzerland. The company has focused on the development and production of customized multilayer films to exceed the highest quality requirements in terms of heat and pressure resistance, stiffness, layer distribution and coloration. Alma enjoys an excellent reputation in the market and is a reliable system supplier of barrier films for leading international food companies, in some cases as a single source supplier worldwide. In addition to classic multilayer films made of polystyrene and polypropylene, Alma also produces biodegradable products from renewable raw materials.
Family Trust has acquired all operational assets of Alma Extrusions AG in an asset deal, including real estate and a production facility with more than 10,000 sqm. The operational business will be continued by the proven management in the newly founded Alma Packaging AG and all employees were taken over. Family Trust supports the further capacity expansion at the site, accompanies the internationalization and the further development of the biodegradable product variants.