What Masterpak does

Masterpak s.a.l. is a Lebanon-based manufacturer of co-extruded polyethylene (PE) films and bags, operating from a single production site in the Zouk Mosbeh Industrial Zone, Kesrwan. The company was founded in 1990 (per company-history records; firmographics data lists 1974, likely reflecting the broader INDEVCO lineage) and has operated for over 30 years as a member of INDEVCO Plastics, a division of the diversified Lebanese industrial conglomerate INDEVCO Group. Masterpak produces multi-layer films in 1–5 layer configurations, thickness ranges of 15–1,000 µm, and widths of 5–1,400 cm, using co-extrusion lines equipped with computerized gravimetric dosing and screw systems for precise material blending. The product portfolio spans stretch film, shrink film, PE bags/outerwrap, paper cores, mulch films, water tubes, water membranes, FFS films, greenhouse covers, silage films, release films, protective films, concrete curing films, and other specialty industrial films, marketed under five sub-brands: Agrow (agriculture), Corepak (converting), SWEco (sustainable), SWFit (stretch/industrial), and SWPrimo (premium).

The company serves twelve industry verticals — Agriculture, Beverage, Building & Construction, Chemical & Petrochemical, Consumer Packaging Disposables, Food, Household Care, Hygiene Converting, Logistics & Transportation, Other Manufacturing, Plastics Converting, and Retail & Wholesale — primarily through a sales-led direct distribution model with custom quote-based pricing. Masterpak supports its customers with technical assistance, training, warehousing, JIT delivery, and 24-hour inquiry response, and operates an in-house recycling service aligned with a circular-economy of plastics strategy. Revenue is generated through hardware sales of PE films and bags; no revenue, customer count, or pricing figures are publicly disclosed.

Masterpak holds ISO 9001:2015, ISO 14001, and ISO 45001 certifications (audited by LRQA), four AENOR Post-Consumer Recycled content certifications at 30%, 40%, 70%, and 90% levels, and FDA compliance for food- and medical-grade films. The company exports to 68+ countries across Europe, the Middle East, Africa, the Arabian Gulf, America, and Australia, and operates solar PV generation at its Zouk Mosbeh plant. The headcount is reported in the 251–500 range, and there is no public ownership structure, funding history, M&A activity, leadership change record, or third-party AI capability disclosed in the input data.

Name

Masterpak

Legal name

Masterpak s.a.l.

Website

https://masterpaklb.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

Masterpak s.a.l. is a Lebanon-based manufacturer of co-extruded polyethylene (PE) films and bags serving twelve industry verticals across 68+ countries from its Zouk Mosbeh plant, as a member of INDEVCO Plastics division of INDEVCO Group.

Ownership category

akta.pro rank

Product category

Industrial Plastic Films / PE Film Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Packaging Film Extrusion (Flexible Packaging Films) (IMANACAA)

akta.pro secondary industry

Plastic & Rubber Recycling, Reprocessing & Pelletizing (IMANAOAN)

Keywords

• Polyethylene film manufacturing
• Co-extruded plastic films
• Industrial packaging films
• Agricultural film solutions
• Shrink stretch film

Headquarters

HQ city

Beirut

HQ country

Lebanon

HQ region

Middle East

Offices1 record

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. PE Film and Bag Manufacturing: Masterpak manufactures and sells co-extruded polyethylene (PE) films and bags to customers globally. Products are sold directly to businesses across multiple industry verticals including agriculture, food, construction, chemical, and consumer packaging. The company also offers plastics recycling services as part of their circular economy contribution.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Masterpak manufactures and globally supplies co-extruded polyethylene (PE) films and bags, including stretch film, shrink film, mulch and greenhouse films, FFS films, water management films, and paper cores, for industrial, agricultural, food, beverage, chemical, hygiene, and retail packaging customers. The company also provides plastics recycling services as part of its circular-economy initiative, selling its output via direct enterprise sales with quote-based pricing and JIT delivery.

Product overview

Masterpak is a manufacturer of co-extruded polyethylene (PE) films and bags headquartered in Zouk Mosbeh, Lebanon. The company offers a comprehensive portfolio of plastic film products organized across 12 industry sectors: Agriculture, Beverage, Building & Construction, Chemical & Petrochemical, Consumer Packaging Disposables, Food, Household Care, Hygiene Converting, Logistics & Transportation, Other Manufacturing, Plastics Converting, and Retail & Wholesale. Core products include Stretch Film, Shrink Film, PE Bags/Outerwrap, Paper Cores, and specialized films for various applications. The company also provides water management solutions including Mulch Film, Water Tube, and Water Membrane. Masterpak operates five sub-brands: Agrow (agricultural films), Corepak (converting products), SWEco (sustainable packaging), SWFit (stretch films), and SWPrimo (premium films). In addition to products, Masterpak offers services including Prompt Customer Service, Technical Assistance, Training & Coaching, Warehousing Services, Competitive Pricing, and Just-in-Time (JIT) Delivery. The company exports to Europe, Middle East, Africa, Arabian Gulf, America, and Australia, and is a member of INDEVCO Plastics division of INDEVCO Group.

Differentiator

Problem solved

Functional benefit

Brands

• Agrow: Agricultural film brand offering products for farming applications.
• Corepak
• SWEco
• SWFit
• SWPrimo

Products and services

• Stretch Film

Quantifiable outcome

• Serves customers in 68+ countries across multiple continents
• +1 more outcomes

Segments12 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• INDEVCO PlasticscoreStrategic or Co-development PartnerINDEVCO Plastics is a division of INDEVCO Group. Masterpak is a member of INDEVCO Plastics and operates under the broader INDEVCO Group umbrella, sharing resources, sustainability initiatives, and corporate governance.
• INDEVCO GroupcoreStrategic or Co-development PartnerINDEVCO Group is the parent company of Masterpak. The Group provides diversified manufacturing and industrial consultancy services, with international headquarters based in Lebanon.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Coveris Holdings: Global flexible packaging producer with PE film capabilities serving food, hygiene, and industrial markets. Comparable in PE film extrusion scale and vertical reach.
• Novolex Holdings: North American leader in paper and plastic flexible packaging with broad PE bag and film offerings for retail, foodservice, and industrial customers. Overlaps with Masterpak on bags and shrink/stretch films.
• Berry Global Group: One of the world's largest plastic packaging manufacturers with significant exposure to PE films, stretch film, and shrink film. A broad incumbent across geographies and product lines, overlapping with Masterpak on stretch hoods, collation films, and agricultural films.

Direct peers

• RKW Group: European manufacturer of PE films for hygiene, agricultural, and industrial applications. Closely comparable to Masterpak on multi-layer extrusion technology, agricultural films, and backsheet films for diapers.
• Inteplast Group: Integrated producer of PE films, bags, and coextruded products serving foodservice, healthcare, and industrial end-markets. Directly comparable manufacturing footprint and PE film product mix.
• Manuli Stretch: Specialist manufacturer of stretch film and silage wrap with global operations. Direct peer on stretch film technology and agricultural film SKUs.
• AEP Industries: Producer of PE stretch film, shrink film, and converted packaging products across North America and select international markets. Closely comparable product offering in industrial PE films.
• Trioplast Industrier: Specialist European producer of PE stretch film, silage film, and agricultural films. Directly comparable product portfolio to Masterpak, including FFS and stretch wrap offerings.
• Polifilm Group: German-based PE film converter producing protective films, laminating films, and packaging films. Comparable on co-extrusion capabilities and B2B film specialization.

Regional players

• Gur Emballage (INDEVCO Group division): Sibling INDEVCO Group entity producing PE-based packaging films and bags across the MENA region. Sister-company level overlap and shared customer base make it a natural regional peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/masterpak
• Facebookfacebook.com/310366099127052

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

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 Masterpak