DW Reusables, a global leader of injection moulding reusable packaging, such as beverage crates and pallets, today announced that it has successfully completed the acquisition of Stražaplastika, a Croatian based Injection Moulding and Extrusion company.
Stražaplastika will further expand DW Reusables’ portfolio of reusable crates, pallets, and containers for the beverage industry, with an extended range of trays, totes and carriers for the food, agriculture, construction, and automotive market among others.
With 227 employees in Hum na Sutli and two other facilities located in Probištip Macedonia and Subotica, Serbia, this acquisition will strengthen the company to further develop the tremendous potential of reusable packaging for customers in Europe, Africa, Asia and North & South America.
DW Reusables Chief Executive Paul Baeyens said: ‘We see this as a great opportunity for the further development and expansion of our product portfolio. With the growing demand for reusable packaging, the extra capacity comes at the right moment, and will help us meeting our customers’ demand all over the world.’
Looking to the future the company is well-positioned to capitalise on growing environmental concerns and interest in sustainability with their ‘Loop Ready Packaging’, ideal for closed-loop systems.
ABOUT DW REUSABLES
DW Reusables is a leading provider of injection moulded returnable packaging. With its headquarters in Bilzen, Belgium, and four manufacturing sites strategically located in Europe, they are worldwide leader in the field of returnable packaging such as beverage crates, pallets, trays and totes.
They offer a wide variety of standard products for the beverage industry and are specialised in bespoke solutions that require the development of a mould. DW Reusables NV is property of Olympus Partners a private equity firm headquartered in Stamford, Connecticut, USA, through their portfolio company Liquibox Corp.