Trioworld to acquire Palamy-BRJ

On June 25, Trioworld Group signed an agreement to acquire the French companies Palamy and BRJ through a purchase of all the shares in Sopal SAS. Palamy SAS (Palamy) and Beaudet et René Jean Emballage SAS (BRJ) are both leading players in high performance packaging solutions for bread, frozen food, and other consumer packaging applications in the French market.

“We are looking forward to welcoming Palamy-BRJ to the Trioworld Group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food packaging solutions in Europe. Both companies have a long and proven history of supplying premium products with a superior service and we have great confidence in the Palamy-BRJ team. We see great potential in joining forces and continuing a successful journey together,” says Andreas Malmberg, CEO of the Trioworld Group.

“We are very pleased to have found a future partner in Trioworld, which is a perfect fit for us and our customers. With a product portfolio that is an ideal complement to Palamy-BRJ, Trioworld exhibits a culture that we believe suits us very well. We are looking forward to working together, combining our strong, innovative product portfolios and creating even more value for our customers,” says Patrick Proux, CEO of Sopal.

The transaction is subject to customary closing conditions and French regulatory approvals.

The Trioworld Group will, after the transaction is completed, own 100% of the shares.

For more information, please contact:
Andreas Malmberg, CEO of Trioworld Group, +46 70 2087291
Evert Paardekooper, Division President Consumer Packaging, +31 653 370785
Patrick Proux, CEO Sopal SAS, patrickp@palamy.com
Fabien Coutand, MD Palamy, +33 2 41 63 69 25

About Palamy-BRJ
Sopal is a leading French producer and supplier of polyethylene film and packaging solutions, with a turnover of 83 million EUR (2022) and approximately 250 employees. Sopal serves customers primarily in France, through its two subsidiaries Palamy and BRJ, both leading actors in high-performance food packaging solutions.

Palamy, based in Le May-Sur-Evre, France is a specialist in the development and production of innovative polyethylene film, flexographic printing and packaging solutions for the food, industrial and medical sectors. Founded in 1964, Palamy has grown to become a leading producer of bags for the French bread and bakery industry, as well as solutions for frozen food.

BRJ, based in Brive-la-Gaillarde, France, is specialised in high-definition flexographic printing, laminated plastic film solutions and special applications for food, and has been part of the Sopal group since 2006.

For more information: www.palamy.com/en/ or www.brj.fr