Page 36 - Plastics News March 2022

ALPLA buys Texplast Winpak registers 17.5% increase
in revenue for FY21
ustrian packaging and recycling secure production for both sides in the
Acompany ALPLA has purchased future.” The acquisition was finalised
German recycling firm Texplast and on 25 February and is now subject to

all its shares in the joint venture (JV) legal and regulatory approval from the
PET Recycling Team Wolfen. The com- competition authorities. The companies
pany acquired Texplast from FROMM have not disclosed the financial terms or
Group, which formed the PET Recy- any additional details of the transaction.
cling Team Wolfen JV with ALPLA The latest investment will increase ALP-
LA’s annual processing
volume of
PET bottles in Ger- inpak has reported full-year
many to 75,000t. Wrevenue of $1bn for the fiscal
This includes 55,000t year 2021 (FY21), a 17.5% increase
processed between from $852.5m in 2020.The company’s
net income for the year dropped from
Texplast and PET Re- $108.9m to $106.3m year-on-year,
cycling Team Wolfen while its gross profit margins decreased
and 20,000t at BTB from 30.9% of its revenue to 27.4%.
recycling, a company Winpak saw its sales volume grow 9.7%
during the year, the company’s high-
that ALPLA acquired est annual growth rate since 2014.For

in October last year. the three months to 26 December, the
ALPLA CEO Philipp company reported a 31.6% increase in

Lehner said: “We are revenue to $279.1m compared with
$212.09m in the prior-year quarter.
stepping up our activi- For FY22, Winpak anticipates capital
in 2019. Based in Bitterfeld-Wolfen, ties worldwide to meet growing demand expenditures of approximately $60m to
Texplast manufactures polyethylene for post-consumer recyclate. “This in- $70m. The firm said it has implemented
terephthalate (PET) pellets and flakes vestment will strengthen our position in countermeasures to manage the financial
impact and disruptive nature of the Cov-
from used PET bottles, which are used the German market and guarantee high id-19 pandemic and supply chain issues.
to create preforms for new PET bottles. quality and availability of the material The company remains steadfast with its
All 125 Texplast employees will be inte- for our customers.” Last year, ALPLA prime focus being organic growth op-
grated into ALPLA following the deal’s invested €7.5m ($8.8m) alongside Eco- portunities, new technologies and ex-
panded product offerings, especially
completion. ALPLA recycling head help and Swiss company United Poly- those that promote the core sustainabil-
Georg Lässer said: “The long-term, suc- mer Trading to build a recycling plant in ity objectives. Moreeover complemen-
cessful collaboration with the FROMM Targu Mures, Romania. The company tary acquisition candidates that align
Group was the perfect basis for this de- also committed to investing an average strategically with Winpak’s strengths in
sophisticated packaging for food, bev-
velopment. “The acquisition enabled of €50m a year until 2025 to expand its erage and healthcare applications,will

us to increase our capacity quickly and recycling activities. be seriously considered and evaluated.
efficiently. And this will also help us to Winpak has installd a BOP line at its
plant in Canada.

36 PLASTICS NEWS March 2022