IPAK sets sights on Europe with new Portugal subsidiary
MG News | July 31, 2026 at 01:18 PM GMT+05:00
July 31, 2026 (MLN): International Packaging Films Limited (the “Company”), one of Pakistan’s leading manufacturers of flexible packaging films, has announced its planned expansion into Europe through the establishment of a wholly owned subsidiary in Portugal.
The proposed subsidiary will be incorporated by IPAK Connect
Packaging Materials Trading FZCO (“IPAK Connect”), the Group’s wholly owned
subsidiary based in Dubai, United Arab Emirates.
Following incorporation, the Portuguese entity will become
part of the IPAK Group and will serve as its commercial platform within the
European Union.
This expansion marks a key milestone in IPAK Group's
international growth strategy. By establishing a subsidiary in Portugal, the
Group strengthens its position within the European Union and brings operations
closer to existing and prospective customers across the region.
The Portuguese entity will serve as a dedicated hub for IPAK
Group's European activities, supporting closer collaboration with customers,
converters, distributors, and other industry partners.
This local presence will enable faster commercial
coordination and more direct engagement on product development, order planning,
and after-sales support.
Being on the ground will also sharpen the Group's market
intelligence deepening its understanding of evolving packaging technologies,
sustainability requirements, regulatory changes, and customer preferences, and
ensuring its products and commercial strategy stay aligned with the European
market.
The establishment of the Portuguese subsidiary reflects IPAK
Group’s broader ambition to build an internationally connected packaging films
business, supported by strong manufacturing capabilities in Pakistan and an
expanding commercial presence in key overseas markets.
The initiative remains subject to obtaining all applicable
legal, regulatory and corporate approvals.
About IPAK Group
IPAK Group is engaged in the manufacture and supply of
flexible packaging films used across a broad range of consumer and industrial
applications.
Through its expanding manufacturing capabilities and
international business network, the Group serves customers in Pakistan and
overseas markets, with a focus on quality, innovation, operational excellence
and long-term customer relationships.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 177,322.78 218.45M | -0.03% -47.93 |
| ALLSHR | 107,545.62 611.68M | -0.16% -170.58 |
| KSE30 | 52,748.13 109.41M | -0.15% -79.11 |
| KMI30 | 250,923.14 114.37M | -0.26% -656.80 |
| KMIALLSHR | 69,357.47 341.55M | -0.25% -170.67 |
| BKTi | 50,191.95 23.34M | -0.24% -121.95 |
| OGTi | 36,022.65 8.50M | -1.33% -487.29 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 79,580.00 | 80,590.00 78,525.00 | 1060.00 1.35% |
| BRENT CRUDE | 88.15 | 88.66 86.22 | 0.31 0.35% |
| RICHARDS BAY COAL MONTHLY | 110.30 | 0.00 0.00 | 0.85 0.78% |
| ROTTERDAM COAL MONTHLY | 124.80 | 0.00 0.00 | 0.60 0.48% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 82.24 | 82.62 80.65 | 0.01 0.01% |
| SUGAR #11 WORLD | 17.81 | 17.90 17.55 | 0.22 1.25% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Monetary Aggregates (M3) - Monthly Profile