Plasto Cargal

Company Overview

Snapshot

Founded in December 1981, Plasto Cargal operates with 11–50 employees. The company became public on TASE in January 1994, marking a significant milestone in its corporate journey.

Business overview

Plasto Cargal specializes in the production of flexible packaging solutions for food, medical, and industrial products. The company's core offerings include a diverse range of plastic bags and films such as carrier bags, industrial bags, security bags, courier envelopes, shrink film, breathable films, lamination, pet food bags, stretch films, and high-barrier bags designed for moisture and oxygen-sensitive goods. Plasto Cargal serves various industries by providing essential packaging for food and industrial applications, operating within the Industrial Technologies sector, specifically focusing on Material Innovations & Applications and Packaging & Containers.

Strategic signal

In April 2007, Cargal took over Plasto Sac at a valuation of NIS 180 million. This acquisition signals a strategic consolidation within the flexible packaging industry, enhancing Plasto Cargal's market position and potentially expanding its operational scale and product portfolio.

Company Intelligence Q&A

When did Plasto Cargal become a public company?

Plasto Cargal became public on the TASE in January 1994.

What was a significant corporate event for Plasto Cargal in 2007?

In April 2007, Cargal acquired Plasto Sac for a valuation of NIS 180 million, as reported by Globes. This strategic move consolidated their position in the flexible packaging industry.

What is Plasto Cargal's primary business?

Plasto Cargal produces plastic bags and films, specializing in flexible packaging for food, medical, and industrial products.

What types of products does Plasto Cargal offer?

Plasto Cargal offers a range of packaging solutions including carrier bags, industrial bags, security bags, courier envelopes, shrink film, breathable films, lamination, pet food bags, stretch films, and high-barrier bags.

What sector does Plasto Cargal operate in?

Plasto Cargal operates in the Industrial Technologies sector, with a focus on Material Innovations & Applications and Packaging & Containers.