Hoffmann Neuback, a Swiss company specializing in metal and plastic packaging, has received a binding offer for its metals division.
The company is considering selling this business unit to an international family company with a foothold in the metals sector.
The potential acquisition would include the relocation 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 result in the closure of the production site in Thun, Switzerland, affecting 75 employees.
The sale is currently undergoing a three-week consultation process, during which the Hoffman Newback Staff Committee will have the opportunity to propose alternatives to the sale and potential closure of Thon to minimize impacts on the workforce.
Details regarding the potential sale will be revealed after the conclusion of the consultation process, which is expected by mid-February.
Hoffmann Neopac operates six production sites across Europe, India and the United States, 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 Unveiling a new series From LowPro Foldable Covers, designed to complement their EcoDesign tubes.
LowPro lids are offered in a variety of materials, including polypropylene, polyethylene (PE), and up to 40% food-grade recycled polyethylene, with a choice of gloss or matte finish.
The caps were compatible with sustainable Newback tubes, made from sugarcane, recycled resins and spruce, with diameters ranging from 35mm to 50mm.
“Hoffman Newback Explores Sale of Metal Packaging Division” was originally created and published by Packaging Gatewhich is a trademark of GlobalData.
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