# KTP Kunststoff Palettentechnik and conTeyor merge into sustainable packaging group

KTP Kunststoff Palettentechnik and conTeyor International agreed to merge their businesses, creating a sustainable packaging group with expected sales of about EUR 200 million and around 1,000 employees. Completion is expected by year-end, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2024-08-29
- Status: announced
- Products: foldable containers, inner packaging solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Gilde Equity Management](https://endata.com/companies/5244.md) (investor)
- [KTP Kunststoff Palettentechnik](https://endata.com/companies/10153.md) (partner)
- [VR Equitypartner](https://endata.com/companies/10155.md) (investor)
- [conTeyor International](https://endata.com/companies/12218.md) (partner)

## Sources

- [skslegal.pl](https://skslegal.pl/en/sks-advised-on-the-merger-of-ktp-kunststoff-palettentechnik-and-conteyor-group/), 2024-08-29: "The transaction creates a leading group in the sustainable packaging sector, combining KTP's foldable container expertise with conTeyor's inner packaging solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.