Topline acquires Cosworld-Primapack

Published: 23-Jun-2011

Strengthens position in Europe


New Jersey-based primary packaging company Topline has entered into an exclusive negotiation to acquire Cosworld-Primapack, a subsidiary of Cosfibel Group. Through the acquisition, Topline hopes to further enhance its position in France, having opened a commercial branch in Paris four years ago.

Meanwhile the sale of its primary packaging activity will allow Cosfibel to develop its secondary packaging and promotional businesses – due to reach sales of €50m in 2011 – faster.

The negotiation is expected to be complete by the end of July.

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