Scholle Corporation and IPN, both global leaders in performance packaging solutions, jointly announced today that they have agreed to combine their businesses to form a new diverse performance packaging company, employing over 2,000 people globally. The combination of IPN and Scholle will provide performance-based packaging solutions from its multiple manufacturing locations in North America, Europe, Australia, Latin America, China, and India to the world's largest brands who, in turn, serve millions of people on a daily basis.

IPN is known for the innovative design and high-quality manufacture of packaging solutions entailing various types of flexible packaging components including connectors, spouts, and pumps for pouches and bag-in-box systems. IPN has been successful in developing and supplying a novel range of packaging products for the infant formula sector.

Scholle Corporation, through its packaging group Scholle Packaging, is known as the largest and most diverse provider of bag-in-box solutions world-wide. Scholle's global footprint, focus on aseptic packaging solutions and filling equipment, along with innovative dispensing fitments has made it the leader in food, beverage, and non-food bag-in-box packaging.

"IPN's mission is to become the world's leading packaging component provider utilizing design innovation and high-quality, clean-room manufacturing to enable the growth of pouch systems and healthcare solutions. This makes IPN a great complimentary fit with Scholle. We are excited to harness the synergies that this combination brings to the flexible packaging market and to take novel solutions to our current customers and on to new retail and institutional applications," said Scholle Corporation Chairman, Rob Scholle.

"Scholle's long history of success in creating valuable, innovative system solutions such as barrier films, dispensing fitments, and aseptic filling equipment for the beverage, food, wine, and non-food industries is parallel to IPN's dedication to providing our international customers with creative ways to increase their profitability with sustainable, smart packaging solutions," explained Laurens Last, IPN's Founder.

Leon Gianneschi, President and CEO of Scholle Corporation said: "Both companies have deeply-established capabilities in packaging system development, and product design and manufacture. This combination multiplies our ability to provide performance packaging solutions to assist our customers in delivering their products more safely, more pure, and easier to use in today's on-the-go lifestyle, all while reducing product waste. We share the vision to deliver performance where it really matters across the globe."

Scholle Corporation is a privately-held company headquartered in Irvine, California. Scholle's focus on value-added packaging solutions and aseptic processing capabilities brings their customers the ability to provide products to a wide range of global markets as naturally, safely, economically, and sustainably as possible.

IPN, headquartered in The Netherlands, has vast experience in the development and manufacture of innovative dispensing systems. IPN specializes in plastic components and packaging for food, non-food, and healthcare markets. Many of IPN's patented products are major components in packaging used by leading global brands and their retail and professional consumers.