Royal Packaging Industries Van Leer N.V
TypeSubsidiary of Huhtamäki
Industryindustrial-and-consumer packaging
Founded1919 (1919)
Headquarters
Amsterdam
Key people
Bernard van Leer, CEO

Van Leer Packaging is a packaging company which had 17,000 employees and generated more than 2 billion in sales globally. In May 1999, Royal Packaging Industries Van Leer N.V was acquired by rival Huhtamäki.[1]

History

Van Leer Packaging was founded in 1919 by Bernard van Leer. Working in post World War I, Bernard started a small factory outside of Amsterdam. Van Leer Packaging then expanded into the industrial packaging field and received its first breakthrough in 1925 for a large steel drum order from the Shell Oil Company.[2] By 1997 it is reported to have generated over $4.75 billion and post steady profit growth. In 1999, Huhtamäki acquired Van Leer Packaging for about $1 billion (~$1.66 billion in 2022).[1]

Van Leer Group Foundation

After the acquisition of Royal Packaging Industries Van Leer, The Van Leer Group created the Bernard Van Leer Foundation,[3] which funds the Jerusalem Film Centre[4] and the Van Leer Jerusalem Institute.[5]

See also

References

  1. 1 2 Prada, Paulo (July 23, 1999). "Huhtamaki to Buy Van Leer In a Deal Valued at $1 Billion". The Wall Street Journal.
  2. ↑ History, Background Information on Royal Packaging Industries Van Leer N.V. Fundinguniverse.com.
  3. ↑ Van Leer Group Foundation - Home
  4. ↑ The Jerusalem Cinematheuqe | סינמטק ירושלים
  5. ↑ The Van Leer Jerusalem Institute


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