IPL, a manufacturer of hard plastic products, announced at the end of April the merger with Schoeller Allibert, a manufacturer of reusable transport packaging. The planned merger will create an international manufacturer of sustainable packaging with 27 production sites in Europe, the United Kingdom, and North America, and a combined pro forma annual revenue of over 1.4 billion US dollars in 2024.
The merged company will be headquartered in Dublin, Ireland, and led by current IPL CEO Alan Walsh. The transaction is expected to close in the third quarter of 2025, subject to the usual closing conditions. According to
its own statements, IPL mainly produces hard plastic products for the food, consumer goods, environmental, and agricultural sectors—predominantly in North America, with additional production facilities in the United Kingdom. The company, headquartered in Dublin, Ireland, employs around 2,500 people at 16 production sites and recorded revenues of 822 million US dollars in 2024, according to a company press release.
Schoeller Allibert produces reusable transport packaging, offers related services, and supplies customers in the automotive, beverage, food, pharmaceuticals, cosmetics, retail, and material handling sectors, mainly in continental Europe. The company, headquartered in Hoofddorp, Netherlands, employs about 1,600 people at eleven
production sites and generated revenues of 550 million euros in 2024.
“The future of packaging lies in sustainability, innovation, and adaptability. This merger allows IPL and Schoeller Allibert to combine their strengths on both sides of the Atlantic to face this future together. With our unwavering commitment to innovation, we will not only improve the way we serve our customers but also optimize the capabilities of both companies to create a strong, resilient foundation for growth,” said Alan Walsh.
“Our combined strength in packaging solutions is well-positioned to benefit from the tailwinds for the sector arising from companies' sustainability
ambitions and evolving regulations to improve value chains and reduce the environmental impact of packaging waste. We look forward to providing leading customer service and innovative global solutions together,” said Alejandro Cabal Uribe, CEO of Schoeller Allibert.
IPL is owned by investment funds managed by Madison Dearborn Partners, LLC (“MDP”), a leading private equity firm based in Chicago, and CDPQ, a global investment group. Schoeller Allibert is owned by the private equity business of Brookfield Asset Management and the Schoeller family. The new company will be owned 55 percent by existing IPL shareholders and 45 percent by existing Schoeller
