- CEO
- Bent K. Axelsen
- Full Time Employees
- 2,153
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Address
- Karenslyst Alle 53 Oslo PS Norway 0279
- IPO Date
- Sep 28, 2021
- Business
- Elopak ASA Elopak ASA manufactures and supplies paper-based packaging solutions, filling equipment, and related services for liquid foods and non-food products worldwide. The company offers Pure-Pak cartons for chilled and aseptic dairy, juice, and beverages; D-PAK cartons for personal and home care items; Roll Fed packaging materials; closures; standard flexo, super flexo, UV-flexo, and offset litho printing services; filling machines; and technical support including spare parts. Elopak ASA operates production facilities and market units across more than 40 countries in Europe, the Middle East, Africa, Asia, the Americas, and other regions, serving food, retail, and consumer goods customers with renewable, recyclable materials as alternatives to plastic bottles.
Founded in 1957 and headquartered in Oslo, Norway, Elopak ASA employs approximately 2,850 people and produces over 16 billion cartons annually through 12 manufacturing units.
In recent developments, Elopak ASA reported record Q3 2025 EBITDA of EUR 49.1 million with 17.0% margin, driven by 18% year-over-year sales growth in the Americas, where its new Little Rock, U.S. plant achieved its first profitable quarter. The company accelerated expansion by investing USD 30 million in a third production line at Little Rock ahead of schedule, backed by long-term customer commitments to support broader product formats including school milk and fresh dairy segments. Additional initiatives include ongoing share buy-back programs launched in February and September 2025 to fulfill long-term incentive obligations, and a strategic focus on "Repackaging Tomorrow" emphasizing global growth, core market leadership, and plastic-to-carton conversion.