deSter acquires production units of Nupik International and Sky Paper
deSter Holding BV (“deSter”) has announced its acquisition of the production units of Nupik International, S.L.(“Nupik International”) and Sky Paper, S.L.U. (“Sky Paper”). This transaction represents a milestone in the development of deSter and drives the deployment of its food service strategy, the press release said.
“We are excited to welcome Nupik by deSter to the deSter family and serve our customers together,” deSter said in its press release.
With deSter’s acquisition of the fully automated warehouse and additional production lines for paper and recyclable plastic food contact materials in Spain, the company has strengthened its supply chain capabilities and furthered its ESG strategy.
deSter provides Nupik with a stable financial base for investing and expanding its production within Spain. Incorporating deSter’s sustainable product range and design capabilities is set to enhance Nupik’s product portfolio and elevate customer service.
Access for Nupik by deSter to deSter manufacturing plants in Thailand, Belgium and the United States, along with a global network of sourcing partners, will unlock sustainable growth in reusables, compostables and recyclables for the company.