Grupo Lappi buys Portugal's Alempack, lifting group revenue to €70M

What's the deal? Spanish firm Grupo LappiDealroom has a profile for this one. Try Dealroom → (Lappí Labels & Flexible Packaging) has acquired AlempackDealroom has a profile for this one. Try Dealroom →, a flexible packaging company based in Elvas, Portugal. Alempack joins Lappí while keeping its current management team, preserving its technical, commercial, and industrial expertise.

What each side brings: Lappí, backed by fund Diana CapitalDealroom has a profile for this one. Try Dealroom → and the Lappí family, produces labels, sleeves, wrap-around, and flexible packaging. Alempack adds capabilities in reel films, vacuum bags, shrink bags, high-barrier packs, and formats like Doypack and Flowpack — two formats the company calls key to the evolution of flexible packaging for consumer goods.

The numbers: The deal lifts the group to six companies and seven production sites across Spain and Portugal. Alempack has just over 40 employees, taking the group from about 350 staff to more than 390, and expands production space from roughly 51,000m² to nearly 60,000m².

Why now? This is Lappí's third acquisition in three years. In late 2023 it bought CPMDealroom has a profile for this one. Try Dealroom →, in San Martín de la Vega near Madrid, and Penta Adhesive, in Salvaterra de Magos, 60km from Lisbon.

What's the endgame? The additions strengthen Lappí in food, beverages, pet products, hygiene, personal care, cosmetics, and home care. Lappí expects organic sales of €65 million in 2026, similar to this year; with Alempack, combined sales should top €70 million.

The signal: The buy-and-build push shows how private equity-backed packaging players are consolidating fragmented Iberian markets, adding formats and scale through cross-border deals rather than organic growth alone.

Read more: El Conciso