Quadpack Industries SA

Regulatory Filings • Sep 16, 2019

MEDIA ANNOUNCEMENT

16 September 2019 For immediate release

Quadpack boosts R&D and exclusive product offer with Inotech agreement

International beauty packaging manufacturer and provider Quadpack Industries has acquired the commercial rights to the patented bi-injection blow moulding (BIBM) process of German technology company Inotech. The terms of the agreement include the joint research and development of new beauty packaging solutions using the process. Financial figures were not disclosed.

Quadpack's department of Design and Advanced Technologies will work with Inotech's designers, led by Josef Gleixner, to fully exploit the possibilities of the BIBM technique.

"Inotech has a special talent for applying science in new and unexpected ways," said Quadpack CEO and Co-Founder Tim Eaves. "Our Design and Advanced Technologies department has made great strides in trend analysis and creative package design in the year since its formation. Combine that know-how with Inotech's technical expertise, throw in a cutting-edge manufacturing process and you have the perfect conditions to trigger real innovation."

Inotech's ground-breaking BIBM technique allows the manufacture of products using two materials in a single step. Jeremy Garrard, Quadpack's Director of Design and Advanced Technologies and head of the company's research and development, explained: "This would allow, for example, a transparent window to be incorporated in an opaque bottle or two different colours to be introduced in a single component. The process is highly efficient, offering greater precision and producing less material waste, while eliminating the need for assembly. Greater control of materials gives designers more freedom to explore aesthetic options. True to German engineering standards, products produced using this method deliver superior performance."

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MEDIA ANNOUNCEMENT

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As part of the agreement, Quadpack also takes over Inotech's cosmetics packaging operation and incorporates its beauty-focused products into its portfolio. Current Inotech cosmetics products will continue to be produced at its factory in Nabburg, Germany.

Harald Kausler, Inotech Managing Director, said: "We are happy to entrust the future of our cosmetics line to Quadpack. It sets industry standards in creative package design and it knows how to sell on a global scale, the two complementary skillsets needed to take this business forward. And with its Design and Advanced Technologies team, our bi-injection blow moulding process will be exploited to its full potential."

The agreement is expected to result in innovative solutions for brands and consumers, breaking new ground in beauty package design and technology.

-ENDS-

Editors: High-resolution photos available on request.

About Quadpack

Quadpack is an international manufacturer and provider of enhanced packaging solutions for beauty brand owners and contract fillers. With offices and production facilities in Europe, the US and the Asia Pacific region, and a strategic network of manufacturing partners, Quadpack develops bespoke and customised packs for prestige, masstige and mass market customers. For more information, please visit www.quadpack.com.

About Inotech

Inotech is a 500-strong technology company based in Nabburg, Germany. Founded in 1990, it is a successful system supplier for the automotive, telecommunications, medical technology, construction machinery and packaging sectors. Inotech has factories in Germany, the Czech Republic and Bulgaria. For more information, please visit www.inotech.de.

Contact details

Mariam Khan Quadpack press office Summit Media Services Tel: +34 93 265 4463 Email: summit_media@compuserve.com