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Stager & Co AG, the Swiss plastic packaging group has acquired Inovac s.r.o located in Rokycany, Czech Republic.
Inovac is an established thermoforming company that develops & produces products intended for the automotive, electro-technical and consumer industries.
This allows the Staeger Group to expand its expertise into a new market sector & strengthen its presence in Eastern and Western Europe. Staeger Inovac Packaging will relocate to a modern production facility in Pilsen, which will allow an expansion of the existing business and also facilitate installation of additional equipment to produce packaging for the groups’ traditional Food & Personal Care markets.
This acquisition further demonstrates Staeger's commitment to growth following the integration in 2008 of Coventry based Staeger Clear Packaging Ltd.