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 Irish 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 manufacturer.
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 partner for IPACKCHEM, took over to support international expansion through a combination of organic growth, acquisitions and greenfield operations
In April 2020, IPACKCHEM acquired JRB Packaging Co. Ltd in China with 2 factories located in Kunshan (nearby Shanghai) and Tianjin (nearby Beijin).
In April 2021, SK Capital Partner, a US private investment firm focused on speciality materials, chemicals and pharmaceuticals took over to partner with IPACKCHEM with a long-term orientation and shared vision for growth and global expansion.
IPACKCHEM Group employs 850 people, generating an annual turnover of €125 million from its 8 factories: Saint-Etienne (France), Crewe (United Kingdom), Peremarton (Hungary), Paulinia (Brazil), Randburg (South Africa), Kirovo-Chepetsk (Russia), Kunshan and Tianjin (China).