COEXPAN

What COEXPAN does

Coexpan is the rigid plastic packaging business unit of Grupo Lantero, a privately held Spanish packaging conglomerate founded around 1974 and headquartered in Alcal\u00e1 de Henares, Spain. The company manufactures thermoformed rigid plastic packaging, including trays, cups, capsules, clamshells, rigid lids, sheets, and reels, from a broad materials set (PS, PET, PP, PLA, PE, and bio polymers) with optional barrier properties. Operations span nine production facilities across Spain, France, Germany, Italy, Mexico, Brazil, and Chile, with products distributed to customers in more than 80 countries.

The technology stack is anchored by proprietary barrier and thermoforming capabilities developed at the group's Innotech innovation center. Recent launches include ReKeepEat, a 100% mono-material PET resealable tray-and-lid system, and a food-grade post-consumer polystyrene (rPS) recycling process co-developed with Eslava; both have been validated by independent industry awards (WorldStar 2026, Fundaci\u00f3n CONAMA Ecodesign 2025, Foodtech Innovation Awards 2025). Strategic partnerships with Kiefel (rPET thermoforming), DCM ATN (PETg sleeves), and EC Convert (FULL PE / FULL PP monomaterial doypacks) extend the company's converting footprint into adjacent material and format territories.

The business model is direct B2B enterprise sales of customized rigid packaging solutions, priced quote-by-quote against customer specifications, volumes, and material requirements. Revenue is generated primarily through hardware sales of physical packaging units to brand owners and co-packers across ten vertical end-markets: dairy and fresh food (primary), plus processed food, snacks/bakery/confectionery, coffee/tea, home care, personal care, medical/pharma, industrial/agrochemical, and pet food. Marketing and demand generation run through major packaging trade shows (Interpack, K Fair, EXPO PACK), sustainability reporting, and content marketing, while distribution relies on the company's regional manufacturing footprint rather than third-party logistics.

Name

COEXPAN

Legal name

COEXPAN, S.A.

Website

https://coexpan.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Coexpan is the rigid plastic packaging business unit of Spanish conglomerate Grupo Lantero, manufacturing thermoformed trays, cups, capsules, lids, sheets, and reels from PS, PET, PP, PLA, and bio polymers across nine plants in seven countries, selling directly to B2B brand owners in dairy, fresh food, and adjacent verticals in 80+ countries.

Ownership category

akta.pro rank

Product category

Rigid Plastic Packaging

NAICS

Plastics Product Manufacturing (3261), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611)

SIC

Plastics Products, Nec (3089), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Thermoformed Packaging (Food, Beverage & Consumer Goods) (IMANAHAA)

akta.pro secondary industries

Rigid Food Containers (Cups, Trays, Clamshells) (IMALAAAD), Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC), Custom & Specialty Rigid Plastic Packaging (Decorated, Premium, Unique Shapes) (IMALAAAL)

Keywords

• Rigid plastic packaging
• Thermoformed packaging
• Food packaging manufacturer
• Plastic trays and cups
• Sustainable packaging solutions

Headquarters

HQ city

Alcalá De Henares

HQ country

Spain

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Rigid Packaging Products: Manufacture and sale of rigid plastic packaging solutions including trays, thermoformed cups, clamshells, rigid lids, capsules, sheets, and reels. Products are customized for specific customer needs and market applications.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

COEXPAN manufactures rigid plastic packaging solutions including thermoformed trays, cups, capsules, clamshells, rigid lids, containers, reels, and sheets. Products are produced in thermoplastic materials such as PS, PET, PP, PLA, PE, and bio polymers with optional barrier properties, serving food, dairy, fresh food, pharmaceutical, personal care, and industrial sectors globally through customized B2B solutions.

Product overview

COEXPAN is a rigid packaging business unit of Grupo Lantero offering a comprehensive portfolio of thermoformed packaging solutions. The core product lineup includes Trays, Thermoformed Cups, Capsules, Clamshells, Rigid Lids, Other Packaging containers, Reels (roll stock), and Sheets. These products are manufactured using various thermoplastic materials including PS, PET, PP, PLA, PE, and bio polymers with optional barrier properties. The company operates through its Innotech R&D center for innovation development. Recent innovations include ReKeepEat (100% mono-material PET resealable packaging), Compostable Capsules, and PP monomaterial solutions, all focused on sustainability and circular economy objectives.

Differentiator

Problem solved

Functional benefit

Brands

• Innotech: Open and collaborative innovation center of Grupo Lantero where Coexpan and Emsur develop new materials, advanced technologies, and functional prototypes
• ReKeepEat

Products and services

• Trays Practical and efficient rigid plastic tray solutions for food and health packaging applications, designed for optimal product protection and preservation.
• Thermoformed Cups Lightweight and resistant thermoformed cups for dairy, yogurt, and fresh food packaging, available in various materials and colors.
• Capsules Single-serve capsules for coffee and tea applications, including biodegradable compostable solutions.
• Clamshells Versatile rigid plastic clamshell packaging providing protection and visibility for fresh produce, bakery, and other food products.
• Rigid Lids Dome-shaped and flat rigid lids providing protection and durability for containers, cups, and trays.
• Other Packaging Containers Rigid plastic containers ready for filling, including tubs for butter, margarine, and other food products with high-quality printed graphics.
• Reels Plastic sheet reels for thermoforming and FFS (Form-Fill-Seal) machines, available in PS, PET, PP, PLA, PE, and other bio polymers with optional barrier properties.
• Sheets Pre-cut plastic sheets for printing and die-cutting applications in rigid packaging manufacturing.
• ReKeepEat

Quantifiable outcome

• 100% monomaterial PET packaging enabling full recyclability
• +2 more outcomes

Segments10 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• KiefelcoreTechnology or Integration · 1 October 2025Strategic technology partnership for high-performance rPET thermoforming solutions. Collaboration on testing and optimizing different rPET films demonstrating how recycled material can be used in high-quality packaging solutions. Testing conducted on Kiefel SPEEDFORMER KTR 6.2 Speed tilting machine.
• DCM ATNcoreTechnology or Integration · 1 October 2025Technology partnership for customized PETg sleeves using DCM's latest-generation machinery including Sleeve 6 and BabyCat models. Enables high-quality finishes and efficient production of customized sleeves for international clients.
• EC ConvertcoreTechnology or Integration · 1 October 2025Strategic partnership for monomaterial doypacks and bags production using EC-CONVERT production lines. Develops innovative solutions compatible with monomaterials (FULL PE and FULL PP) addressing circularity and recyclability challenges.
• EslavacoreStrategic or Co-development Partner · 1 October 2025Strategic partnership for pioneering post-consumer polystyrene (rPS) food-grade recycling technology. Joint development of innovative decontamination technology enabling reintroduction of recycled polystyrene into food circuit. Eslava provides separation and purification expertise through AI, holding all necessary quality and traceability certificates including ISO 9001:2000, Recyclass certification, and end-of-waste status.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Pactiv Evergreen Inc. North American food and beverage packaging leader (formerly Pactiv) with extensive thermoformed food container and rigid cup lines; relevant cross-region peer in fresh food and dairy categories.
• Berry Global Group: Large global rigid and flexible plastics packaging manufacturer with deep food, dairy and beverage exposure; competes head-on with Coexpan in thermoformed trays, cups and containers across EMEA and the Americas, with much broader scale and product breadth.
• Huhtamaki Oyj: Finnish-listed packaging group with rigid plastics and molded fiber operations overlapping Coexpan in Europe across dairy, fresh food and personal care rigid cups/trays.
• Amcor plc: One of the largest global packaging companies across rigid and flexible plastics; competes with Coexpan in thermoformed rigid containers, particularly for food and personal care, and is a logical consolidation counterparty at exit.
• Sealed Air Corporation: Global packaging incumbent (Cryovac, SEALED AIR brands) with significant rigid and protective food packaging lines; directly comparable as a multi-region supplier of trays and rigid containers to protein, dairy and prepared-food customers.
• Silgan Holdings: US rigid packaging specialist (closures, containers, metal/plastic food cans) that directly overlaps Coexpan in thermoformed dairy, yogurt and food containers across European and Latin American markets.
• Sonoco Products Company: US-listed global packaging company with rigid paper and plastic container divisions in food and personal care; overlaps Coexpan in thermoformed rigid containers and broader packaging consolidation.

Direct peers

• Coveris Holdings S.A. European rigid and flexible plastics packaging manufacturer with food-contact thermoformed tray and container lines, comparable customer base to Coexpan across dairy, fresh food and personal care in EMEA.
• Linpac Packaging (a Faerch company): European rigid plastic and rPET tray specialist serving protein, fresh food and dairy sectors under Faerch; closest head-to-head thermoforming competitor in EMEA footprint.
• Faerch A/S: Danish specialty thermoformed rigid food packaging producer (formerly Faerch Plast) focused on trays, containers and rPET/rPP for protein, dairy and ready meals across Europe; closest narrow-line comparable to Coexpan's core thermoforming business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/coexpan_

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about COEXPAN