Coveris

What Coveris does

Coveris is a European flexible plastic and paper packaging manufacturer headquartered in Vienna, Austria, operating 17 manufacturing facilities across the EMEA region, the United Kingdom, and Egypt with approximately 2,500 employees. The company is backed by US private equity firm Sun Capital Partners and operates under a "No Waste" sustainability strategy organized around three core sub-brands: MonoFlex (recyclable monomaterial PE and PP films including MonoFlex Lite, MonoFlexE, and MonoFlexFibre Pure Twist), MediFlex (medical and healthcare sterile barrier packaging with 45+ years of expertise and ISO Class 7 cleanroom manufacturing), and ReCover (closed-loop plastic recycling). Its vertically integrated technology stack spans cast and blown film extrusion, flexographic and rotogravure printing up to 10 colors, lamination, conversion, and machine validation.

The company serves enterprise B2B customers across six primary verticals: food and beverage (fresh food, bakery, confectionery, dairy, frozen foods), pet food, medical and healthcare (hospitals, medical device manufacturers, pharmaceutical companies), consumer goods (household and personal care), agriculture (silage and farm films), and industrial (security bags, stretch films). Notable customers include pladis Global (GODIVA, McVitie's), Rowse Honey (20+ year relationship), Artivion, and Zuyderland Medical Centre. Revenue is generated through direct enterprise sales with quote-based, multi-year contract pricing typical of B2B packaging supply relationships.

Coveris generates approximately EUR 600m in annual revenue on its post-divestiture flexible packaging operations and is positioned ahead of EU Packaging and Packaging Waste Regulation (PPWR) and Extended Producer Responsibility (EPR) mandates through its recyclable monomaterial portfolio and the SABIC TRUCIRCLE closed-loop medical packaging initiative — the first of its kind in healthcare. Following the January 2026 divestiture of its Paper Business Unit (EUR 270m, 1,400 employees) to Kingswood Capital Management and the announced June 2026 acquisition of GEFO Folienbetrieb (CPP film manufacturer in Gera, Germany), Coveris is sharpening focus on its core flexible packaging franchise and expanding into higher-growth technical CPP applications.

Name

Coveris

Legal name

Coveris GmbH

Website

https://coveris.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Coveris is a Vienna-based European flexible packaging manufacturer operating 17 facilities across EMEA, producing recyclable monomaterial films (MonoFlex), sterile barrier medical packaging (MediFlex), and closed-loop recycling (ReCover) for enterprise customers in food, pet food, medical, consumer goods, agriculture, and industrial sectors.

Ownership category

akta.pro rank

Product category

Flexible Packaging Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Bag and Pouch Manufacturing (326111), Paper Bag and Coated and Treated Paper Manufacturing (32222)

SIC

Plastics, Foil & Coated Paper Bags (2673), Unsupported Plastics Film & Sheet (3081), Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670)

akta.pro primary industry

Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC)

akta.pro secondary industries

Flexible Paper Packaging & Wraps (kraft wrap, pouches, laminations) (IMAMAHAF), Sterile & Aseptic Medical Packaging (Pouches, Wraps, Sterile Barriers) (IMALAIAB), Mono-Material & Recyclability-Designed Packaging (Design-for-Recycling, Barrier Alternatives) (IMALAMAD), Plastic Trays, Clamshells & Blister Packaging Manufacturing (IMANAEAE)

Keywords

• Flexible plastic packaging
• Paper packaging solutions
• Medical sterile packaging
• Food packaging films
• Recyclable monomaterial films

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices20 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flexible Plastic and Paper Packaging Manufacturing: Coveris manufactures and sells flexible plastic and paper packaging solutions to food, pet food, medical, consumer goods, agriculture, and industrial companies. Revenue is generated through direct B2B sales of custom packaging films, pouches, bags, labels, and other converted products. Post-divestiture of Paper Business Unit (Paragon Print and Packaging), Coveris retains 17 flexible manufacturing facilities generating EUR 600m in annual sales. Pricing is quote-based, with contracts typically covering multi-year supply relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Coveris develops and manufactures sustainable, high-performance flexible plastic and paper packaging solutions for food, pet food, medical, consumer goods, agricultural, and industrial markets. Products include recyclable monomaterial films (MonoFlex family), medical sterile barrier packaging (MediFlex), pre-made bags, flow wrap films, and closed-loop recycling services (ReCover). The company operates 17 manufacturing facilities across EMEA and the UK, producing custom packaging via vertically integrated extrusion, printing, lamination, and conversion.

Product overview

Coveris is a European packaging manufacturer offering sustainable, high-performance paper and plastic packaging solutions. The product portfolio is organized around two main categories: flexible plastic packaging (under the MonoFlex family brand including MonoFlex, MonoFlex Lite, and MonoFlexE) and medical/healthcare packaging (under the MediFlex brand including various pouches, headerbags, and thermoforming films). Supporting these core offerings are bag products (Block Bottom Bags, Pillow Bags, Chain Bags, Security Bags, Wicketted Bags, Gusseted Bags, Stand-Up Pouches, Quadroseal Bags, and Three-Sided Sealed Bags), flow wrap films, and the ReCover recycling unit. The company operates 17 flexible manufacturing facilities across EMEA and UK with approximately 2,500 employees.

Differentiator

Problem solved

Functional benefit

Brands

• MediFlex: Medical and healthcare sterile barrier packaging brand offering pouches, rollstock, headerbags, and thermoforming films for surgical instruments, diagnostic kits, and pharmaceuticals
• MediFlex Ready-to-go-Range
• Unterland/Farmfilms
• Amberley Labels
• Rivendell
• ReCover
• MonoFlex
• MonoFlex Lite
• MonoFlexE
• Freshlife

Products and services

• MediFlex Medical Packaging Brand Medical packaging brand delivering sterile barrier protection for hospitals, medical device manufacturers, and pharmaceutical companies with over 45 years of expertise in cleanroom-produced healthcare packaging, including pouches, headerbags, rollstock, and thermoforming films.
• MonoFlex Recyclable Monomaterial Films Leading range of recyclable monomaterial films available as polyethylene (PE) or polypropylene (PP) laminates with barrier and sealing options for vertical/horizontal form-fill-seal, stand-up pouches, and pre-made bags.
• MonoFlexE Flat Bottom Bag Fully recyclable monomaterial flat bottom bag with low temperature sealing (100°C to 130°C), heat-resistant outer material, available in barrier complex, supporting up to 10-color flexo or rotogravure printing, with reclosable systems and laser scoring.
• Block Bottom Bags Pre-made glued block bottom bags protecting delicate flavours and textures with long shelf life, available in multiple sizes and paper combinations.
• Pillow Bags Lightweight pillow bags in various material designs (full PE, full PP) optimised for high speed packaging lines with required barrier and runnability.
• Chain Bags Cost-effective three-side-sealed bags connected by a chain and supplied in carton boxes for efficient automated packaging.
• Security Bags PE-based recyclable security bags with excellent printing performance and lightweight application, available in reopenable or non-reopenable versions.
• Wicketted Bags MonoFlex Lite wicketted bags providing recyclable, lightweight and high-performance solution with Freshlife technology for extended shelf life.
• Gusseted Bags Gusseted bags in kraft paper, PE-coated paper, and EcoFresh paper line with moisture and water resistant properties.
• Wrapping Paper Moisture-resistant wrapping papers and HDPE coated papers with enhanced protective properties for packaging fresh meat, cheese, baked goods, and confectionery.
• Stand-Up Pouch Versatile premade stand-up pouch available in recyclable and non-recyclable versions with zip, window, and laser scoring options.
• Quadroseal Bags Freestanding customisable bags with barrier properties ensuring product safety, available with top zip, front zip, and laser pre-cutting handle options.
• Three-Sided Sealed Bags Premade three-sided sealed bags with added functionality, in-house extrusion and custom printing according to customer needs.
• Vertical and Horizontal FFS Films Co-extruded and laminated flow wrap films optimised for vertical (VFFS) and horizontal (HFFS) packaging lines with extended shelf life and premium presentation.
• ReCover Closed-Loop Recycling Service Coveris' recycling business unit closing the loop on plastic waste - collecting, recycling, and reusing post-consumer materials in packaging, including the SABIC TRUCIRCLE closed-loop medical packaging initiative with 25% recycled content from non-contaminated hospital waste.
• MediFlex PFPR & PFPO Steam Sterilization Pouches Tyvek-based steam sterilization pouches with higher safety level and puncture resistance than paper, moisture resistance, bacterial impermeability even in moist environments, and high gas permeability for effective sterilization.
• MediFlex PFP See-Through Packaging Robust packaging featuring Tyvek breathable valves and laminated film, impermeable to bacteria even in moist environments, suitable for plasma sterilization, achieving 89% recyclability.
• MediFlex PCLP Film-Only Pouches Film-only pouches that can be quickly and easily peeled open for sterile content extraction, offering optimum all-round protection for medical devices.
• MediFlex PFP Headerbags Headerbags with Tyvek flap designed for easy handling of large, bulky medical items with moisture resistance and optimal air permeability.
• MediFlex FPP Recycle-Friendly Co-Extruded Films PA-free, soft, recycling-friendly co-extruded films for thermoforming with excellent puncture resistance, available on PE or PO base, with fibre-free clean peel.
• MediFlex FPT Sustainable FFS Film Eco-friendly form-fill-seal packaging designed for use with uncoated Tyvek for better end-of-life waste management, with low back shrink property and good seal strength.
• MediFlex PMP See-Through Pouches and Tubes

Quantifiable outcome

• MediFlex PFP packaging achieves 89% recyclability
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature13 records

Partnerships

Five partnerships are on record, tiered core, flagship and minor.

• pladis GlobalcoreStrategic or Co-development Partner · 15 December 2025Coveris partnered with pladis Global (owner of GODIVA, McVitie's, Flipz, Demet's Turtles) to develop fully recyclable paper-based block bottom bags for the U.S. confectionery market. The collaboration replaced non-recyclable OPP/paper composite bags with paper-based alternatives developed to CEFLEX circular design guidelines, meeting EU PPWR and EPR requirements. Joint technical trials validated machine performance, material strength, and print quality on pladis' existing packing lines.
• SABICflagshipStrategic or Co-development Partner · 1 January 2024Coveris partnered with SABIC, Zuyderland Medical Centre, and Artivion in a pioneering closed-loop medical packaging recycling initiative under SABIC's TRUCIRCLE program. Non-contaminated hospital waste is collected by Zuyderland, processed by SABIC into pyrolysis oil and then certified circular polyethylene (TRUCIRCLE PE), extruded by Coveris Halle, converted by Coveris Rohrdorf into medical pouches, and used by Artivion before returning to Zuyderland. The resulting packaging contains 25% recycled content from hospital waste — the first closed-loop healthcare packaging initiative of its kind.
• Zuyderland Medical CentreflagshipStrategic or Co-development Partner · 1 January 2024Zuyderland Medical Centre in the Netherlands introduced a new waste collection concept targeting non-contaminated plastic waste that would otherwise be incinerated. The hospital collects waste in separate pink bags as part of the TRUCIRCLE closed-loop medical packaging initiative with Coveris and SABIC.
• ArtivionflagshipStrategic or Co-development Partner · 1 January 2024Artivion, a healthcare brand, participates in the TRUCIRCLE closed-loop medical packaging initiative by packing vascular surgery guidewires in Coveris medical pouches made from SABIC TRUCIRCLE circular PE. Once used, the packaged products return to Zuyderland Medical Centre, closing the loop.
• InterzerominorStrategic or Co-development PartnerInterzero was mentioned as a key partner in Coveris' ReCover recycling program and the broader circular economy discussion on the Inside Packaging podcast, supporting plastic cycle management in the context of safety, regulation, and sustainability.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Constantia Flexibles: Constantia Flexibles is a Vienna-headquartered European flexible packaging manufacturer with a comparable product portfolio (films, pouches, lids) and end-market mix (food, pharma). It is the closest pure-play comparable to Coveris post-divestiture, overlapping on MonoFlex-style monomaterial development and serving similar FMCG and healthcare customers across EMEA.
• Huhtamaki: Huhtamaki is a Finland-based flexible and rigid packaging specialist with a strong food-service and FMCG flexible packaging portfolio in Europe. Its focus on monolayer recyclable substrates and food-contact barrier films closely mirrors Coveris' MonoFlex and Freshlife positioning, and the two companies compete head-to-head for European brand owners.
• Mondi Group: Mondi operates an integrated paper and flexible packaging business with a strong European manufacturing footprint and a significant share of recyclable paper-based packaging. Its flexible packaging and functional papers unit competes directly with Coveris' paper-based block bottom bags and MonoFlexFibre solutions in FMCG and confectionery applications.
• ProAmpac: ProAmpac is a US-headquartered flexible packaging specialist focused on recyclable and compostable substrates (ProActive Recyclable, fiber-based) for food, pet food, and healthcare. Comparable to Coveris in scale of flexible film innovation and product breadth, with similar technical service-led go-to-market against enterprise customers.

Broad incumbents

• Amcor: Amcor is a global packaging giant with a sizable flexible packaging segment including recyclable film platforms (AmPrima). Although larger and more diversified than Coveris, Amcor's flexible films business directly competes for the same food, healthcare, and personal care accounts and serves as the benchmark for packaging sustainability roadmaps.
• Sealed Air: Sealed Air is a global packaging company serving food protective packaging and medical applications, overlapping with Coveris on sterile medical barrier films (Cryovac, SEE Touchless) and protective food packaging. Though more US-centric, its medical packaging unit competes with Coveris' MediFlex business for healthcare customers.
• Sonoco Products: Sonoco is a global packaging producer with consumer flexibles and paper-based packaging portfolios (Eviosys, Sonoco Plastics). Overlaps with Coveris on paper-based block bottom bags and on metal-container-adjacent protective packaging, though Sonoco's product range is broader and includes rigid formats.
• Berry Global (now Glatfelter/Magnera combined entity): Berry Global's flexible films and tapes business competed in the same European flexible packaging markets as Coveris prior to recent corporate restructuring into Magnera and Glatfelter. Comparable in flexible plastic film production, though broader in scope including nonwovens and adhesives.
• CCL Industries: CCL Industries is the world's largest label manufacturer with a healthcare and specialty films business that overlaps Coveris' medical packaging (MediFlex) and label substrate offerings. Different primary category but directly comparable in sterile barrier materials and regulated healthcare packaging to medical device OEMs.

Regional players

• Wipak Group: Wipak is a Finland-based flexible packaging group focused on food, medical, and consumer packaging films across Europe, with comparable substrate and cleanroom expertise. As a regional European peer at smaller scale, it competes with Coveris in Northern European healthcare and dairy packaging accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/coveris
• Xx.com/CoverisGlobal

Compliance20 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coveris