The company was created in 1987, under the name of AIROPAK, a division of Air Products to exploit the “in-mould fluorination” technology.
Sold in 1991, the company was integrated into Boxmore International Plc, a Northern Ireland company renowned for providing high quality plastic packaging and pioneer in ISO 9000 certification in Europe.
In 2000, Boxmore International accepted the friendly takeover offer made by Chesapeake Corporation, a specialty US packaging provider, to become CHESAPEAKE Specialty Chemical Packaging division.
In January 2014, alongside Bpifrance, CEREA PARTENAIRE, a private equity firm specialising in agribusiness, acquired Chesapeake Specialty Chemical Packaging division.
In February 2017, SAGARD, a new equity sparring partner for IPACKCHEM, took over to support international expansion through a combination of organic growth, acquisitions and greenfield operations.
IPACKCHEM Group employs 400 people,generating about €80 M in annual revenue from its 6 factories: Saint-Etienne (France), Crewe (United Kingdom), Peremarton (Hungary), Paulinia (Brazil), Randburg (South Africa), Kirovo-Chepetsk (Russia)