NEWS
KAP: flex film division posts sales increase
German industrial holding company KAP reported a sales decline in 2025 – despite an improvement in its flexible films business. Sales in the division rose almost 5% last year to exceed €85 million. The company said its position in fabric-reinforced pool liners and demand for high-quality 3D films was high. The company said that ‘normalised
EBITDA’ rose around 18% to nearly €14m. “The flexible films segment performed well, benefiting from a
strong pool season in 2025 – while weak customer demand weighed on the engineered products segment,” it said.
Overall, KAP reported a 4% decline in sales to €241m across its three divisions, and a profitability (EBITDA) of €20m, down nearly 9% on the previous year. “The market environment was challenging for our segments in the 2025 financial year,” said Marten Julius, spokesman of the manage- ment board of KAP. �
www.kap.de
Film maker expands in Ohio
US-based New Tech Plastics, a manufacturer of custom flexible plastic packaging, has expand operations in its native Ohio – by renovating an under-used industrial facility in Piqua and creating 30 new jobs. With more than 40 years of
experience, New Tech Plastics produces thin-gauge industrial packaging film and is investing in upgrades to support additional production lines and future growth. “We look forward to expanding our
business to increase production capacity and enter new product lines,” said Shawn Turner, CEO of New Tech Plastics. Improvements at the Piqua facility
will resolve long-standing repair needs and increase the site’s capacity to support new operations, said the company. New Tech Plastics was approved for a US$250,000 grant, which is for projects that retain and create jobs. �
www.newtechplastics.com
Ringmetall makes US thermoforming acquisition
German industrial packaging pro- ducer Ringmetall has acquired the thermoforming division of US-based New England Plastics. The acquired unit is a supplier of rigid and form liners, tote liners and other thermoforming products for industrial packaging. It has 41 employees – who are being retained – and revenues in the high single-digit million (US$) range.
www.filmandsheet.com Ringmetall says the acquisition
strengthens its position in the US liner business. “With this acquisition, we are consistently pursuing our buy and build strategy,” said Christoph Petri, Co-CEO of Ringmetall. The deal follows the recent acquisi-
tion of Makplast – making it the company’s second acquisition of 2026. �
www.ringmetall.de
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