• Karl Knauer KG obtains a majority interest in HEPACK GmbH
• Successful growth strategy required expansion of capacity
• Hepack brings in specialisation in food packaging
Karl Knauer KG, packaging manufacturer from Biberach/Baden, has acquired HEPACK druck+verpackung GmbH from Neuenstein near Heilbronn as of 3 July 2017. With 75% of the company shares, Karl Knauer KG thus becomes the majority owner, while the managing director of HEPACK GmbH, Peter Heim, continues to hold 25% of the shares. Richard Kammerer, Stefanie Wieckenberg and Joachim Würz were also appointed managing directors of HEPACK. Both companies are experts in the field of packaging and appeared very satisfied with the course of the amicable negotiations. It is planned to retain all former employees of HEPACK.
Of benefit for everyone involved
As part of its own growth strategy, the acquisition enables the Karl Knauer Group to considerably increase its production capacities with immediate effect and to expand the food packaging division: With roughly 100 employees and state-of-the art machinery, HEPACK has at its disposal many years of expertise in food, confectionery and sanitary product packaging. In doing so, Karl Knauer KG owns up to its growth and successfully expands to now three locations in Biberach (Baden), Pniewy (Poland) and Neuenstein near Heilbronn. In total, the Karl Knauer Group now employs a workforce in excess of 700.
It is planned to retain all former employees of HEPACK. A change of the corporate name is initially not intended.
Richard Kammerer, executive partner and management spokesman of Karl Knauer KG, is clearly pleased with the successful takeover:
“HEPACK is extremely lean and produces food packaging in top quality at a very competitive price. In all other lines of business, Karl Knauer KG is represented with a broad product range and has for many years demonstrated high innovative capabilities - the best requisite for a successful joint future!”
Stefanie Wieckenberg, executive partner of Karl Knauer KG, adds:
“Only a few months ago we were rivals on a highly competitive market. Now we can pool our expertise and jointly look forward to a successful future!”
“The company acquisition generates precious synergies, which will also benefit our costumers and suppliers.“
About HEPACK druck+verpackung GmbH
HEPACK druck+verpackung GmbH is a family-owned enterprise and was founded in 1981. 90% of goods packaged by the “expert in food packaging“ - so the corporate claim - is food, followed by confectionery and sanitary products. The company currently employs a staff of 100 at the Neuenstein site near Heilbronn.
About Karl Knauer KG
The core competences of Karl Knauer KG are innovative packaging and advertising material as well as gift packaging made of cardboard, corrugated cardboard and paper. In the packaging sector, the company counts among the leading suppliers with its exceptionally broad service and production range that is focused on folding boxes. Customers from the proprietary article and service industry all over Europe benefit from the versatile competence and large vertical range of manufacture.
In dialogue with the customer, the company develops designs that meet any requirement placed on packaging – from protection and safety to the attractive presentation at the POS. Karl Knauer offers specialised programmes with state-of-the-art packaging technologies for eight fields of competence in industry: Cosmetics/care, pharmaceuticals/health, environment/nature, food/agrarian, beer/beverages, home/industry, blister cards and mechanical engineering. In addition, the company invests intensive research in innovations for future packaging requirements, be it in the fields of smart packaging, convenience, product safety, protection against forgery, refinement technologies or efficiency and sustainability.