Highland Corporate acted as sole advisor on the sale of Plastisax, S.A. to the Austrian group ALPLA.

INDUSTRIAL TRANSACTION

We advised Plastisax, S.L. on its sale to the Alpla Group, an Austrian family-owned business recognised as a leader in the development and production of innovative plastic packaging solutions.

Highland Corporate acted as exclusive advisor to Plastisax, S.L.
2021

Highland Corporate acted as sole advisor on the sale of Plastisax, S.A. to the Austrian group ALPLA.

BACKGROUND

Plastisax, S.A. is a family-owned company dedicated to the manufacture of bottles and other plastic containers using the extrusion-blow molding process. It began operations in 1963, producing injection-molded plastic parts for the toy and blinds industries. In 1985, it expanded its manufacturing range to include blow molding of hollow bodies (bottles, jars, containers, tubes, etc.). It currently boasts the most extensive sample portfolio on the market in the cosmetics and personal care sector. Since its founding, the company has maintained a clear commitment to innovation and a policy of constant reinvestment, making it a national leader in the manufacture of plastic bottles and containers.

ALPLA Group is the world leader in the development and manufacture of innovative plastic packaging solutions, with more than 23,000 employees, 196 plants in 47 countries across four continents, and a turnover of €4.7 billion. Founded more than 60 years ago by the Lehner brothers, they defined their values from the outset: courage, hard work, and a an injection molding machine acquired at a low cost. Their passion for technical challenges remains unstoppable to this day and is one of the cornerstones of the Group’s history. Its identity is characterized by integrity and honesty, respectful partnerships and actions, equal treatment of all people, and strict compliance with the law.
ALPLA is a family-owned company that strives for profitable and balanced growth and a strengthened global presence. By establishing and expanding strategic partnerships, we are becoming the preferred supplier. In this way, we offer peace of mind to our employees, customers, and partners. The sustainable and conscious use of the environment and its resources is the foundation of our business activities, ensuring that future generations can also live in a healthy environment.

TRANSACTION

This transaction represents a further step in ALPLA’s implementation in Spain. Operating in diverse locations ensures benefits for customers. Production around the world helps ensure shorter transport routes. It also allows for faster and more flexible collaboration with customers and partners. With seven technology centers located on four continents, customer proximity enables product and technology development.

“Our size doesn’t prevent us from focusing on specialized companies like Plastisax, which gives us a focus on specific sectors such as cosmetics and hygiene, and products like polypropylene. Furthermore, the high level of customer service provided by Plastisax is one of the areas where both organizations agree. And in this sense, Plastixsax is customer-focused,” says ALPLA.

“For Plastisax, it is an honor that the world leader in our industry has successfully completed this transaction. We are confident that Plastisax will contribute human talent, a strong customer service orientation, and an eagerness to learn from the best in order to bring to the market not only proven methodologies and technologies in the plastics sector, but also values and commitment.” — The Herrero Family (owners of Plastisax).