Serafin has sold Perga to Inteplast Group

Perga GmbH

Perga is a leading European manufacturer of specialized mono- and coextruded industrial films and packaging solutions made from polyethylene (PE). Based in Walldürn-Altheim, Germany, the company serves a broad range of end markets including food, flexible packaging, pharmaceuticals, chemicals, coatings and agriculture. Renowned for its innovation and quality in high-density polyethylene (HDPE) solutions, Perga has earned a reputation for its expertise in raw material reuse and the production of premium plastic granulates from recycled waste. Its product range includes durable laminated films, pre-cut sheets and protective covers.

The Deal

Founded in 1966 and backed by Serafin Group since 2010, Perga has evolved into a European leader in high-performance polyethylene films, known for its pergafilm®, allfolin® and pergaloop® brands. Under the leadership of CEO Fabian Wilhelms, the company has advanced innovation and sustainability across a broad range of packaging applications. As part of the transaction, Mr. Wilhelms will continue to lead Perga, ensuring continuity as the company enters its next phase of growth.

The acquisition marks Inteplast Group’s first manufacturing presence in Europe and a strategic expansion of its Engineered Films division. With highly complementary capabilities, shared values and a mutual commitment to operational excellence and customer focus, the partnership establishes strong synergies to drive product innovation, broaden market access and accelerate international growth.

Perga and Inteplast Group are ideally positioned to strengthen their global offering and deliver enhanced value to customers worldwide. As Serafin Group founder Philipp Haindl noted, the transaction comes at the right time to transition Perga to a new partner dedicated to its long-term development.

The sale of Perga adds to Lincoln International’s strong track record of cross-border transactions in the packaging sector and highlights the firm’s expertise in partnering with high-quality industrial businesses across Europe and globally. This transaction reflects the continued high momentum in Lincoln International’s packaging practice, particularly in the flexible packaging space, and highlights the firm’s ability to deliver outstanding outcomes for clients in this dynamic and strategically important sector.

Our Perspective

Ulrich Desl, Managing Director at Lincoln International who led the transaction, commented, “By engaging Lincoln International’s packaging network early in the process, we were able to execute global market outreach and foster meaningful early-stage dialogue with the most relevant strategic and financial parties. This transaction not only reflects the strength of Perga’s positioning in sustainable flexible packaging but also reinforces our ability to deliver exceptional outcomes for clients in an increasingly global and competitive environment.”

Serafin Unternehmensgruppe GmbH

Founded in 2010 and headquartered in Munich, Serafin Group is a diversified industrial group with a long-term entrepreneurial approach, rooted in the 150-year business tradition of the shareholding family. The group invests in mid-sized companies across various industrial sectors, with a focus on sustainable value creation through operational excellence and strategic development. Serafin’s portfolio includes businesses in the packaging, building materials and chemical industries, among others, with operations in more than 20 countries and a total turnover of more than €1 billion.

Inteplast Group Ltd.

Established in 1991 and headquartered in Livingston, New Jersey, Inteplast Group is a leading North American manufacturer of integrated plastics and paper products. The company serves a broad range of end markets including healthcare, foodservice, packaging, building products, grocery, retail, sanitation, industrial and graphic arts. With more than 8,000 employees and more than 55 facilities across the U.S. and beyond—including its flagship complex in Lolita, Texas—Inteplast Group is recognized for its commitment to quality, innovation and sustainability. Through its business division, Inteplast Engineered Films, the company delivers high-performance specialty films tailored to diverse industrial and consumer applications.