Trioworld expands globally with a joint venture with Filmtec in India
June 4, 2025Trioworld Group, a leading producer of innovative, high-performance plastic film solutions in Europe and North America, is excited to announce its joint venture with Filmtec, a leading provider of Ultra High-Performance Stretch Films and POF Shrink films based in India. This joint venture represents a significant move in Trioworld’s expansion into high-growth markets and strengthens its global footprint. The transaction closed on May 30th, 2025.
“We are excited to welcome Filmtec into the Trioworld family,” says Andreas Malmberg, CEO of Trioworld. “This joint venture is a strategic step in our global expansion, enabling us to tap into the rapidly growing Indian market.
Filmtec’s expertise in Ultra High-Performance Stretch Films aligns perfectly with our commitment to sustainability and innovation, and together, we will drive impactful growth in the region.”
Filmtec, headquartered in India, is known for its expertise in stretch films and flexible packaging solutions. With India emerging as a pivotal hub for manufacturing and exports, this joint venture positions Trioworld to meet the increasing demand for reliable and cost-effective packaging solutions.
“We are proud to join forces with Trioworld, a company that shares our values and commitment to innovation,” says Rajan Desai, Managing Partner of Filmtec. “This partnership will enable us to enhance customer value through synergies that drive growth and sustainability across the region.”
This joint venture provides Trioworld with a robust platform for expanding into neighboring markets in Asia, the Middle East, and Africa. India’s strategic location, including major ports like Mumbai, Chennai, and Kolkata, offers Trioworld an optimal base for optimizing regional supply chains and improving delivery efficiencies.
