MUHEN, 23.07.2019 – KAPAG Karton + Papier AG (KAPAG), a leading producer of multiply paper and paperboard, and Oppboga Bruk, principal supplier of multiply paperboard for sign and display, today announced that they joined forces on 17 July.
Mr. Alexander Meyer, the managing owner of KAPAG who acquired the majority stake in Oppboga Bruk, is delighted about the takeover. “As key players in this niche industry we will be able to better respond to the rapidly changing market environment”, he says.
“Thanks to our cooperation we will make use of synergies across markets and products, strengthen R&D and share resources”, agrees Andrew Robinson, Managing Director of Oppboga and now minority shareholder in the company.
The current owner of Oppboga, Mr. Lennart Larsson, has sold the majority of his shares in the context of succession planning. “It has always been very important to me to safeguard the long-term position of the business.” All current employees will be retained within both organisations.
Media contact
Britta Meltzer, Marketing Director
b.meltzer@kapag.com
Tel.: +41 (062) 737 17 47
About KAPAG
KAPAG Karton + Papier AG was founded in Muhen, Switzerland in 1852. The company specialises in the production, coating and finishing of multiply paper and paperboard.
KAPAG is the leading paper and paperboard laminator in Europe, thanks to its two- to six-ply lamination capacity of around 20 000 tonnes annually. Applications are diverse, from premium packaging for luxury goods and high-end graphics to uses in logistics and industry.
At KAPAG, we strive to be a source of inspiration to all companies who wish to create out of the ordinary fibre-based products that enchant our customers. KAPAG is FSC-certified. More than 90% of the total energy consumption is generated without C02 emissions. The family-run holding company Ecovest (fully owned by Alexander Meyer) holds all shares in KAPAG. www.kapag.com
About Oppboga
Oppboga Bruk has produced high quality paperboards from their mill in Fellingsbro, Sweden, for more than 100 years. The company is the leading producer of multiply paperboard for signs and displays. Businesses from all over the world use their products for signage, gift cards and packaging of premium products.
At Oppboga, we stay true to our mission to replace plastics used for signs and packaging with our paperboards. We offer fully recyclable FSC-certified paperboard for indoor and outdoor signage and display. The company’s vision is to produce sustainable, world-class products that meet the needs of the modern business. www.oppboga.com