Flexopack

What Flexopack does

Flexopack S.A. is a Greek flexible packaging manufacturer serving the food and consumer goods industries. Founded in 1979 and headquartered in Koropí, Greece, the company operates manufacturing facilities in Greece and is publicly listed on the Athens Stock Exchange under ticker FLEXO, with 101-250 employees. The company is characterized as a small-cap European industrial operating in a defensive sector with exposure to broader European packaging demand trends.

The company's core capability set spans extrusion, bag-making, and printing, producing barrier films, modified atmosphere packaging (MAP), high-shrink films, and other flexible packaging formats used in food processing, fresh produce, meat and dairy packaging, and consumer goods wrapping. Flexopack has positioned recyclable and sustainable mono-material packaging as a strategic differentiator against larger multinational packaging competitors, aligning with EU regulatory pressure and brand-owner recyclability commitments. Functional benefits focus on food safety, shelf-life extension, and product protection during transport and storage.

Flexopack operates a B2B manufacturing business model, selling converted flexible packaging to food processors, brand owners, and consumer goods companies. Revenue grew from approximately $130M in 2021 to $192M in 2025, with EBITDA in the $20M-$30M range and operating margins consistently positive, indicating stable unit economics. The company serves European markets primarily and has no disclosed subsidiaries, partnerships, M&A activity, or major leadership transitions in the available data, suggesting an organic-growth profile.

Name

Flexopack

Legal name

Flexopack S.A.

Website

https://flexopack.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

101–250 employees

Short description

Flexopack S.A. is a Greek flexible packaging manufacturer, publicly listed on the Athens Stock Exchange, serving food processing, fresh produce, meat & dairy, and consumer goods clients with barrier films, modified atmosphere packaging, and recyclable packaging solutions produced via extrusion, bag-making, and printing.

Ownership category

akta.pro rank

Product category

Flexible Packaging Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611), Plastics Bag and Pouch Manufacturing (326111)

SIC

Unsupported Plastics Film & Sheet (3081), Plastics, Foil & Coated Paper Bags (2673)

akta.pro primary industry

Stretch, Shrink & Pallet Wrap Manufacturing (IMANAEAG)

akta.pro secondary industries

Shrink, Stretch & Wrap Films (Pallet Wrap, Shrink Sleeves/Overwrap) (IMALABAF), Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC)

Keywords

• Flexible packaging
• Food packaging films
• Barrier film packaging
• Modified atmosphere packaging
• Shrink film packaging

Headquarters

HQ city

Koropí

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Core offering

Flexopack is a flexible packaging manufacturer that produces barrier films, modified atmosphere packaging (MAP), and high-shrink films for food and consumer goods applications. The company offers integrated manufacturing capabilities including extrusion, bag-making, and printing services, supplying packaging solutions used for food safety, shelf-life extension, and product protection across Europe.

Product overview

Flexopack S.A. is a Greek flexible packaging manufacturer listed on the Athens Stock Exchange, providing packaging solutions for food and consumer goods sectors. The company operates manufacturing facilities in Greece and positions itself among European flexible packaging producers. Based on the available source material, no specific named products, modules, or product details are documented.

Differentiator

Problem solved

Functional benefit

Products and services

• Flexible Packaging Films

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Berry Global Group: Large global packaging producer with significant European flexible films and converted products capacity serving food and consumer goods customers.
• Amcor: Global packaging giant with extensive European flexible packaging operations serving food and consumer goods; competes in the same tender categories despite much larger scale.
• Huhtamäki: Nordic-headquartered global packaging group with strong flexible-packaging and food-service film operations across Europe; comparable customer base and film-based product mix.
• Mondi Group: Global paper and flexible packaging major with significant European production footprint producing films, laminates, and barrier packaging for food and consumer goods — directly comparable end markets and product overlap with Flexopack.
• Sealed Air: Global protective and food packaging company producing shrink films, barrier films, and MAP structures for food processors — overlapping product categories with Flexopack's food-packaging portfolio.

Direct peers

• ProAmpac: Flexible packaging and specialty films producer with European operations serving food, beverage, and consumer goods — directly comparable converting capabilities and end markets.
• Constantia Flexibles: European-headquartered flexible packaging specialist serving food, pharma, and consumer goods with films and laminates — the closest like-for-like comparable in geography, scale, and product mix.
• Schur Flexibles: European mid-market flexible packaging specialist producing films, laminates, and barrier structures for food and dairy — highly comparable in scale, geography, and product focus.
• Coveris: European flexible packaging manufacturer producing films, pouches, and barrier structures for food customers, with comparable extrusion-to-conversion vertical integration.

Emerging players

• Glenroy: US-based flexible packaging converter producing films, pouches, and laminates for food and consumer products — comparable converting activity though primarily serving North America.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/flexopackgroupofcompanies
• LinkedInlinkedin.com/company/flexopackgroup

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 Flexopack