The Klöckner Pentaplast Group is among the world's largest suppliers of films for pharmaceutical, medical devices, food, electronics, and general packaging.

The company was founded in 1965 as a subsidiary of Klöckner-Werke AG

Klöckner

Klöckner & Co. is a German metal handler headquartered in Duisburg. Europe's largest independent distributor of steel, it is a leading supplier to the European and North American markets....

 in Montabaur

Montabaur

Montabaur is a town and the district seat of the Westerwaldkreis in Rhineland-Palatinate, Germany. At the same time, it is also the administrative centre of the Verbandsgemeinde of Montabaur – a kind of collective municipality – to which 24 other communities belong...

, Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

.

Its first production facility outside Germany was opened in 1979 in Gordonsville, Virginia

Gordonsville, Virginia

Gordonsville is a town in Louisa and Orange counties in the U.S. state of Virginia. The population was 1,496 at the 2010 census.-History:Nathaniel Gordon purchased in 1787 and in 1794, or possibly earlier, applied for and was granted a license to operate a tavern...

.

The company was sold in 2001 to a partnership by Cinven

Cinven

Cinven is a British private equity firm founded in 1977 with offices in London, Paris, Frankfurt, Milan and Hong Kong. Currently, the company has raised four funds, with the last one signing up €6.5 billion...

 and JP Morgan. In 2007 it was purchased by the Blackstone Group

Blackstone Group

The Blackstone Group L.P. is an American-based alternative asset management and financial services company that specializes in private equity, real estate, and credit and marketable alternative investment strategies, as well as financial advisory services, such as mergers and acquisitions ,...

.