Folding box producer Leupold to be sold to private equity firm

03 Aug 2020 − 

Germany's folding box specialist Leupold will come under new ownership. The new owner Waterland wants the company to grow on international markets.

As part of a succession plan, Waterland Private Equity Investments is acquiring Joh. Leupold, a German folding carton producer, including its subsidiary Schneller. Talking to EUWID representatives, the company's managing director Bernd Aßmann said that choosing an investment company for Leupold's future development instead of selling the company to a competitor was a deliberate decision. Leupold and Schneller are both led in fourth generation by the family, which is now selling its shares. No financial details were published on the transaction.

Waterland says that even after the acquisition, which is still subject to the approval of the relevant authorities, it will continue to be managed by the existing management team. The plans provide for Leupold to become a European player over the next few years as a result of acquisitions. The company is already supplying customers in the US and France.

With its production space totalling 17,000 m2, Leupold claims to be one of the largest family-run producers of folding cartons in Germany. Its range of products and services includes folding cartons, blister cards, blank cuts, displays and collapsible cartons as well as individualised custom-made products. Waterland's own portfolio has not yet included folding carton operations to date.

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