Integrated Packaging Solutions (IPS)

IPS is the latest addition to the Industrial Solutions business unit. The company is located in Denver, Colorado, USA.

IPS is an international company operating within the packaging sector, mainly targeting the can-making industry. IPS provides machinery and integration technology as well as production-optimisation services to metal packaging manufacturers.

The company has 40 employees and access to a wide network of industry experts. Sales amount to approx. USD 16 million.

IPS’ operations primarily complement those of NPB and Canline within XANO's Industrial Solutions business unit, with which there are clear synergies. IPS provides growth possibilities principally in service and aftersales. Through the company's in-house developed concept CanSCHOOL, there are opportunities to further deepen collaboration with customers in the can-making industry. The concept is also applicable to other industries in which the business unit companies are active.

The acquisition represents an intensification of the Group's ongoing establishment in the US. The access to IPS' expertise and networks will benefit and speed up the process of making the Group's offering visible in the North American market.

Read more about the business on IPS' website.