# Leupold merges with Strobel, backed by Waterland Private Equity

Folding carton maker Joh. Leupold GmbH & Co. KG, majority-owned by Waterland Private Equity since August 2020, is merging with carton and corrugated packaging maker Strobel AG of Roth. The founding Strobel owners remain during a transition phase.

- Type: Acquisition
- Announced: 2021-04-13
- Where: Roth, Germany
- Status: announced
- Products: folding cartons, carton board packaging, displays
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Waterland Private Equity](https://endata.com/companies/6809.md) (investor)
- [Leupold](https://endata.com/companies/6810.md) (acquirer)
- [Strobel](https://endata.com/companies/7836.md) (target)

## Sources

- [fyb.de](https://www.fyb.de/en/waterland-packaging-manufacturer-leupold-merges-with-strobel/), 2021-04-13: "Strobel AG, a manufacturer of folding cartons and cardboard packaging with a special focus on sustainability, will complement the product range of the packaging manufacturer."

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