KP to buy Linpac and create global rigid and flexible film star

Rigid plastics film manufacturer The Klöckner Pentaplast Group (KP) has signed a binding agreement to acquire Linpac Senior Holdings and its direct and indirect subsidiaries (Linpac) for an undisclosed sum. The transaction will create a prominent global producer of rigid and flexible films with combined annual revenues exceeding $2 billion. The deal comes just five…