Hoffmann Neopac, a Swiss company specialising in metal and plastic packaging, has received a binding offer for its metal division.
The company is contemplating the sale of this business unit to an international family-owned company with a foothold in the metal sector.
The potential acquisition would include the transfer of the production facility in Dronten, the Netherlands, along with all its employees, and the continuation of existing customer contracts.
However, the proposed sale could lead to the closure of the production site in Thun, Switzerland, impacting 75 employees.
The sale is currently undergoing a three-week consultation process, during which Hoffman Neopac’s employee committee has the chance to suggest alternatives to the sale and the potential shutdown in Thun to lessen the effects on the workforce.
Details regarding the potential sale will be disclosed following the conclusion of the consultation process, which is expected by mid-February.
Hoffmann Neopac operates six production sites across Europe, India, and the US, catering to the pharmaceutical, cosmetics, and consumer goods sectors.
The company employs approximately 1,150 people globally and says it is committed to innovative and sustainable packaging solutions.
In January last year, the company unveiled a new series of LowPro flip-top caps, designed to complement its EcoDesign tubes.
The LowPro caps were offered in a variety of materials, including polypropylene, polyethylene (PE), and up to 40% recycled PE food-grade material, with the choice of either a glossy or matte finish.
The caps were compatible with Neopac’s sustainable tubes, made from sugarcane, recycled resins, and spruce wood, with diameters ranging from 35mm to 50mm.
