Polipaks

What Polipaks does

Polipaks is a family-owned Latvian flexible packaging manufacturer founded in 1996, operating as the principal entity within POLIPAKS GROUP alongside distribution subsidiary MULTIPACK and adhesive tape brand Folsen. The company runs a fully integrated production cycle at a 35,000 m² facility in Marupe, Latvia, encompassing pre-press, multi-layer co-extrusion (up to 9-layer barrier films), flexo printing (up to 10 colors, including CMYK+OGV expanded gamut since 2020), solvent-based and solvent-free lamination, slitting, and conversion into seven bag formats. Disclosed annual capacity exceeds 900 tons/month of extrusion and 50 million bags/month. Output is sold under a quote-based pricing model to European food and consumer-goods brands across nine named verticals: pet food, bakery, coffee, supplements and protein, snacks and confectionery, fresh produce, meat and poultry, fish and seafood, and cereals.

The company's customer base is geographically diversified, with approximately 85% of production exported across 25+ markets in Western, Central, and Nordic Europe. Direct enterprise sales are supported by dedicated account managers overseeing full project cycles from artwork adaptation through delivery, and by sales representation offices in Spain (pet food focus) and Austria. The Baltic market is served via the MULTIPACK subsidiary with offices in Latvia, Lithuania, and Estonia. Go-to-market combines direct B2B sales with active participation in European trade shows (Fachpack, Interzoo, Packaging Innovations & Empack Birmingham, IberZoo Propet).

Polipaks monetizes through one-time sales of custom flexible packaging products (pre-made bags and roll films, with or without printed graphics) priced per quote with net-14 payment terms. Group turnover was €77.4 million in 2025, with consistent year-on-year growth. The company maintains BRCGS Packaging Materials (since 2016), ISO 9001, EcoVadis, and Interzero 'Made for Recycling' certifications, and has positioned itself ahead of the EU Packaging and Packaging Waste Regulation (PPWR) by certifying mono-material PE and PP constructions in 2026. The company employs 450+ people with a 6-year average tenure, 70% of managers promoted internally, and operates an active R&D pipeline including laser scoring (2023) and digital workplace modernization pilots.

Name

Polipaks

Legal name

SIA Polipaks

Website

https://polipaks.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Polipaks is a family-owned Latvian flexible packaging manufacturer producing pre-made bags and films for European food and consumer-goods brands across pet food, bakery, coffee, and supplements verticals. Founded 1996, group turnover €77.4M (2025), exporting 85% of output to 25+ European markets.

Ownership category

akta.pro rank

Product category

Flexible Packaging Manufacturing

NAICS

Plastics Bag and Pouch Manufacturing (326111), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Paper Bag and Coated and Treated Paper Manufacturing (322220)

SIC

Plastics, Foil & Coated Paper Bags (2673), Paperboard Containers & Boxes (2650)

akta.pro primary industry

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

akta.pro secondary industries

Paper Bags & Sacks (retail, industrial, multiwall) (IMAMAHAC), Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons) (CRADALAL)

Keywords

• Flexible packaging manufacturing
• Laminated barrier films
• Pre-made packaging bags
• Flexo printing services
• Sustainable packaging solutions

Headquarters

HQ city

Marupe

HQ country

Latvia

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Flexible Packaging Products: Manufacture and sale of flexible packaging materials including pre-made bags (quad seal, flat bottom, stand-up pouches, wicket bags, vacuum bags, side seal, bottom seal) and films (FFS films, lidding films, shrink films, bag-in-box films). Products sold with or without printing.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Polipaks manufactures flexible packaging products for food and consumer goods industries through a full in-house production cycle from raw material extrusion to finished pre-made bags and films. Its product portfolio covers pre-made bags (flat bottom, quad seal, stand-up pouches, bottom seal, side seal, vacuum, wicket) and films (FFS, lidding, bag-in-box, shrink), offered both printed and unprinted, with multi-layer barrier capabilities for extended shelf life in pet food, bakery, coffee, supplements, meat, seafood, and fresh produce segments.

Product overview

Polipaks is a flexible packaging manufacturer offering a full-cycle production portfolio spanning pre-press, extrusion (1–9 layer films), printing (up to 10-color flexo and expanded gamut CMYK+OGV), lamination, slitting, and bag making. Its product portfolio is organized into two main categories: pre-made bags (Flat Bottom Bags, Quad Seal Bags, Stand-Up Pouches, Bottom Seal Bags, Side Seal Bags, Vacuum Bags, and Wicket Bags) and films (FFS Films, Lidding Films, Bag-in-Box Films, and Shrink Films). The company operates as a one-stop solution provider, managing the entire production cycle from design artwork preparation through to finished packaging delivery.

Differentiator

Problem solved

Functional benefit

Brands

• POLIPAKS GROUP: Parent corporate group encompassing flexible packaging manufacturer POLIPAKS, packaging distribution company MULTIPACK, and adhesive tape brand Folsen.
• POLIPAKS

Products and services

• Flat Bottom Bags Premium pre-made bags with flat bottom structure offering high barrier properties, five printed panels for superior design, easy opening, and reclosing features. Targeted at pet food, supplements, snacks, and confectionary markets.
• Quad Seal Bags Stabilized pre-made bags with four sealed edges providing excellent shelf presence, including variants with top slider closure for resealability. Targeted at pet food, snacks, and confectionary markets.
• Stand-Up Pouches (SUP)

Quantifiable outcome

• 90%+ orders fulfilled on time and in highest quality
• +4 more outcomes

Named customers6 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Latvijas Informācijas tehnoloģiju klasterisminorImplementation/ SI/ Consulting Partner · 28 May 2026Partnership for implementing digital workplace solution for electronic document flow and employee collaboration in Microsoft 365 environment with integrated AI. Testing phase of digital transformation solution.
• Datorzinību centrsminorImplementation/ SI/ Consulting Partner · 28 May 2026Partner for implementing digital workplace solution - 'Digital Workplace Document Flow and Employee Collaboration in Microsoft 365 Environment with Integrated AI' testing implementation.
• InterzerocoreStrategic or Co-development Partner · 19 March 2026Interzero certifies Polipaks packaging solutions under the 'Made for Recycling' standard. Two products certified: PE mono-material stand-up pouch with Hook-to-Hook closure (Recyclability Class A) and PP mono-material flat bottom bag with ZIP closure. Certification confirms compatibility with existing European recycling systems and compliance with DIN EN 13430 requirements.
• Service Dog Association TEODORSminorOthers · 22 December 2025Social responsibility partnership supporting service dog association. 2026 support dedicated to veterinary care for guide dogs. Association has been creating positive changes for over 11 years, training 30 guide dogs and service dogs, covering all costs including food, veterinary care for puppies, active guide dogs, and senior dogs.

Scale indicators13 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Sealed Air: Global packaging company with significant food protective and flexible packaging operations (Cryovac, SEE Protective); overlaps with Polipaks in barrier films for meat, seafood and processed foods but operates at greater scale globally.
• Amcor: Global flexible and rigid packaging giant (now including Berry Global) with extensive flexible packaging operations for food, pet food and healthcare; competes with Polipaks on multinational accounts but operates at much greater scale and global reach.
• Huhtamaki: Finnish-origin global food packaging group with flexible films, pouches and barrier solutions in food and pet food; comparable customer verticals and overlapping European converting footprint.
• Mondi Group: Global packaging group with deep flexible packaging (Mondi FlexPro) and paper bag operations across Europe; competes for the same European pet food, bakery and coffee flexible packaging contracts but at substantially larger scale.

Direct peers

• Constantia Flexibles: One of Europe's largest flexible packaging manufacturers serving food, pharma and consumer goods with laminated films, pouches and bag-making - the closest direct competitor in terms of full-cycle, multi-layer film-to-bag manufacturing for European food brands.
• Coveris: European flexible and rigid packaging converter with a strong presence in food, pet food and bakery segments, operating multi-layer extrusion and converting lines comparable to Polipaks' flat-bottom and quad seal capabilities.
• Clondalkin Group: European flexible and rigid packaging converter with specialized films for food, pet food and consumer markets; comparable multi-layer extrusion and bag-converting capabilities serving similar mid-market European brand owners.
• Wipak (Wihuri): Nordic flexible packaging manufacturer producing high-barrier films, vacuum bags and lidding films for food, meat and seafood - similar multi-layer extrusion technology and European food-industry customer base.
• Schur Flexibles: European flexible packaging group with multi-layer film extrusion, printing and converting across food, pet food and hygiene; headquartered in Austria with comparable technology stack and mid-market European brand customers.
• ProAmpac: US-rooted but Europe-active flexible packaging converter offering stand-up pouches, quad seal and flat bottom bags with barrier films; competes for the same premium pet food and coffee brand business as Polipaks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/polipaks/?viewAsMember=true

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Polipaks