LINPAC Senior Holdings Ltd.

Klöckner Pentaplast completed its acquisition of LINPAC Senior Holdings and its subsidiaries, a European food packaging film producer, creating a film group with annual revenues above $2 billion.

Klöckner Pentaplast (KP) signed a binding agreement to acquire Linpac Senior Holdings for an undisclosed sum, creating a global rigid and flexible film producer with combined revenues above $2 billion, expected to close in summer 2017.