Labelling company Skanem Group has signed an agreement to acquire a 100% stake in packaging entities Bergen Plastics and its subsidiary Heger.
Bergen was established in 1947 and focuses on serving the home care and food markets, offering thin-wall plastic packaging products that range from containers and lids to closures.
Bergen is a prominent European child-safe packaging producer and manufactures food and technical packaging products.
The company employs 37 people and mainly exports its products to customers in Western and Southern Europe.
It reported a turnover of Nkr209m ($19.2m) last year.
Heger, which was also founded in 1947, provides a complete portfolio of laboratory consumables to hospitals, the food industry, universities, and other research facilities.
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By GlobalDataLocated in Rjukan, Norway, it manufactures laminated tubes for food and personal care applications.
Scandinavia and Western Europe are Heger’s main geographical markets. It employs 17 people and generated a turnover of Nkr35m last year.
Bergen is presently managed by CEO Jan-Atle Ellingsen while subsidiary Heger is controlled by managing director Tom Mårtensson.
Both companies’ current management will now progress under the ownership of Skanem.
Skanem CEO Maryne Lemvik said: “Both Bergen Plastics and Heger have multiple growth possibilities, through the development of new products and new customers. It will be key to target applications where plastic is the only or best solution.
“We also see the possibility to make a difference by making plastic packaging more sustainable.”
The deal is anticipated to be completed in the fourth quarter of this year.
Norway-based Skanem is said to have held a presence in the packaging and labelling market for a century.
In the last few years, it has been focused on label and product decoration in Asia and Africa.
In 2021, Skanem sold its businesses in Europe and Thailand while retaining its presence in India and East Africa.
With this latest deal, however, it is re-entering the European packaging market.