Founded 1965 | ||
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Parent organization Kleopatra Holdings 2 S.C.A. Subsidiaries Klockner Pentaplast of America, Inc. Profiles | ||
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The Klöckner Pentaplast Group is among the world's largest suppliers of films for pharmaceutical, medical devices, food, electronics, and general packaging.
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The company was founded in 1965 as a subsidiary of Klöckner-Werke AG in Montabaur, Germany.
Its first production facility outside Germany was opened in 1979 in Gordonsville, Virginia.
The company was sold in 2001 to a partnership by Cinven and JP Morgan following a restructuring in the supervisory board of Klöckner Werke AG. In 2007, it was purchased by the Blackstone Group. In June 2012, Klöckner Pentaplast was acquired by a group of investors under the leadership of Strategic Value Partners (SVP).
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References
Klöckner Pentaplast Wikipedia(Text) CC BY-SA