Prime Highlights-
- Paperpack produces more than 600 million folding boxes and 200 million pharmaceutical leaflets each year.
- Faller Packaging operates across Europe with more than 1,500 employees serving pharma and healthcare clients.
Key Facts-
- Faller Packaging acquires Greek pharma packaging specialist Paperpack, expanding into South-Eastern Europe.
- Deal strengthens Faller’s European network and reinforces its commitment to the pharmaceutical industry.
Background-
Faller Packaging grows its European pharmaceutical packaging business by acquiring Greek packaging specialist Paperpack, bringing the company into the Faller Packaging Group and building a stronger base for serving pharma and healthcare customers across South-Eastern Europe.
Athens-based Paperpack, established in 1891, specialises in secondary pharmaceutical packaging, producing folding cartons and leaflets. The company manufactures more than 600 million folding boxes and 200 million pharmaceutical leaflets annually.
Its portfolio includes folding cartons featuring Braille, embossing, specialist varnishes and other finishing options, along with pharmaceutical inserts and outserts.
Faller says the acquisition complements its existing European network. The German-headquartered company operates across Europe with more than 1,500 employees, supplying folding cartons, labels, leaflets and combination products.
Dagmar Schmidt, CEO of Faller Packaging, describes the acquisition as an important step in executing the company’s growth strategy, adding that it reinforces the group’s commitment to serving as a trusted partner to the pharmaceutical and healthcare industries.
The deal arrives as pharma packaging suppliers focus on strengthening supply-chain resilience, regulatory compliance and sustainability. Faller has recently broadened its offering across digital printing, pre-packaging services and fibre-based alternatives to plastic trays, while developing solutions aligned with evolving European packaging requirements.
Paperpack CEO Dimitris Tsiftsis says joining Faller gives the company access to broader capabilities, products and a wider European network, while allowing it to retain its focus on flexibility, reliability and strong customer relationships.
Both companies expect the combination to create new growth opportunities while maintaining their high quality and service standards. The transaction remains subject to regulatory approvals.
