Hoffmann Neopac to take over cigarillo, cigarette metal tin business from Netherlands-based CM Packaging B.V., enters long-term agreement to open second European manufacturing site, expand production capacity

THUN, Switzerland , January 18, 2012 (press release) – HOFFMANN NEOPAC AG, Switzerland, will take over the cigarillo and cigarette tin business from CM Packaging B.V., Netherlands, and sign a long term manufacturing agreement with CMP

With this transaction HOFFMANN increases the focus on the tobacco market. HOFFMANN has signed a long term manufacturing agreement with CMP in order to establish a second production site within the European Zone and to enlarge production capacity for cigarillos and cigarette tins.

CMP will focus on and expand its core businesses in General Line metal packaging and injection moulded plastic packaging and reinforce its development of new projects. The company will end its activities within the market for metal packaging for cigarillos and cigarettes by the end of January 2012.

HOFFMANN is a subsidiary of the Hoffmann Neopac group, domiciled in Thun, Switzerland. Hoffmann’s core business is the manufacturing of pocket packs and tins in metal and metal/plastic for the tobacco, confectionery, food and non-food industries. Its success is based on innovation - one of its core competencies.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.