Ranpak announces acquisition of French packaging automation company e3neo
Company plans to expand its capabilities and offerings for high-volume packaging environments
CLEVELAND, March 3, 2017 /PRNewswire/ -- With over 20 years of experience improving and automating customers' order fulfillment processes, e3neo's team provides optimal solutions across a variety of vendor platforms to meet the needs of high-volume fulfillment operations. By utilizing a turnkey approach of consulting, implementation and service, e3neo has improved fulfillment operations for customers in a wide variety of industries and geographies. Solutions range from integrating with customer warehouse management software for optimizing packaging dimensions, to carton erection, in-the-box product fixation, and rightsizing and closing boxes. Through experienced project management, elements are combined to reduce cost and increase productivity based on the customer's unique application requirements.
Ranpak CEO Stephen Kovach commented: "We have carved out a market leading position with our in-the-box packaging solutions over the past decades. Customers choose Ranpak for the quality of protection, the efficiency our systems bring to their packaging operations and the sustainability of our paper-based solutions. Warehouse automation is increasingly important to achieve efficiency and productivity in packaging operations. With the acquisition of e3neo we are expanding our options for customers who want to take packaging automation to the next level. The proven technology and expertise of e3neo are crucial for us to cater to the needs of high volume fulfillment operations and will be important to our growth strategy." Jean-Yves Sia and Uwe Klärner, founder and co-founder of e3neo stated: "We are very excited about the acquisition by Ranpak. We are solving a universal problem for customers and Ranpak's strength as a global company positions us well to grow quicker and keep up with increasing demand for automation in fulfillment centers."
Ranpak and e3neo will focus on delivering packaging applications and solutions to their customers. "While e3neo projects are unique and customer specific, leveraging Ranpak's organization for lead generation, business development and channel support will help us stimulate and accelerate growth," Kovach explained. Recognizing the unique selling process and expertise required, e3neo will operate as a separate business unit within the Ranpak organization.
Founded in 1972, Ranpak's goal was to create the first environmentally responsible packaging material to effectively protect products during shipment. The development and improvement of materials, systems and total solution concepts have earned Ranpak a reputation as an innovative leader in the packaging industry.
More information: http://www.ranpak.com / http://www.e3neo.com
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