Procap's injection moulding plant expansion
Procap has announced expansion plans, which combine acquisitions with investment at its plant in Wiltz, Luxembourg, home to the firm’s head office.
The company has finalised its purchase of Luxemburg-based Elocap Lux. The firm was previously owned at by Israel-based Elocap Ltd, which is jointly owned by Elopak AS (Norway) and Kibbutz Yakum (Israel). The acquisition includes an important manufacturing and supply contract to Elopak AS.
The move follows news that Procap had purchased Macfarlane’s injection moulding plant in Wicklow, near Dublin for £1.7m for the site .
The company is also set to expand its storage facility in Wiltz and to significantly enhance its production capacity through the acquisition of new injection moulding machines.
The group, which employs 373 staff at its seven production in Belgium, Spain, France, Hungary, Ireland and Luxembourg, last year had a turnover of €90m.
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