German packaging manufacturer STI group up for sale

14 Mar 2019 − 

Dr. Kristina Stabernack, fourth generation owner of German packaging manufacturer STI Group has decided to sell the company.

Ms Stabernack wants to find a partner who promotes future growth of the company, the company stated, but did not provide further details at this early stage.

STI Group has more than 2,000 employees and produces packaging and displays at 8 production sites in Germany, Hungary, the Czech Republic and the UK.

In the past two years, the company launched a realignment programme and was able to make efficiency enhancements and increase the company's turnover by around 7 per cent.

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