# Storopack acquires 74.9% stake in Opitz Packaging Systems

Storopack, a specialist in protective packaging, acquired a 74.9% stake in Opitz Packaging Systems GmbH, a producer of automation solutions for packaging systems. The deal was signed on 27 October 2021.

- Type: Acquisition
- Announced: 2021-11-30
- Where: Düderode, Lower Saxony, Germany
- Status: completed
- Products: protective packaging, automation solutions for packaging systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Storopack](https://endata.com/companies/59313.md) (acquirer)
- [Opitz Packaging Systems GmbH](https://endata.com/companies/59314.md) (target)

## Sources

- [packaging-journal.de](https://packaging-journal.de/en/storopack-acquires-shares-in-opitz/), 2021-11-30: "The investment is an important step towards further increasing the productivity of the protective packaging process for our customers."

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