Trioworld Group, Smålandsstenar, Sweden, 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 players in high performance packaging solutions for bread, frozen food, and other consumer packaging applications in the French market.
The transaction is subject to customary closing conditions and French regulatory approvals.
The Trioworld Group will, after the transaction is completed, own 100 percent of the shares.
Sopal is a 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.
Palamy, based in Le May-Sur-Evre, France is a specialist in the development and production of polyethylene film, flexographic printing and packaging solutions for the food, industrial and medical sectors, founded in 1964.
BRJ, based in Brive-la-Gaillarde, France, specializes in high-definition flexographic printing, laminated plastic film solutions and special applications for food, and has been part of the Sopal group since 2006.
