Who are we?
LARIPLAST FRANCE SAS was founded in 2013 in France by a team of entrepreneurs and experienced industrial technicians, driven by a shared vision to create a modern and dynamic production facility. Based in Marle, France, the company began producing single-use plastic cups, investing in state-of-the-art facilities and innovative production lines. In a short time, LARIPLAST established itself as a reliable partner to major European companies, achieving significant growth and making continuous investments in its equipment and infrastructure.
In response to market trends and new environmental requirements, the company undertook a strategic transformation, investing in new production activities and sustainable solutions. Despite the challenges posed by legislative changes and the global health crisis, LARIPLAST has maintained its growth trajectory, retaining its workforce and continuously upgrading its facilities. Today, the company continues to invest in innovation, quality, and long-term development, thereby reaffirming its commitment to providing reliable, high-quality products and services to the European market.
History
2013
In 2013, three Greek industrialists, two French sales representatives specializing in key accounts, and an Italian industrial technician pooled their human resources and expertise to establish a plastic cup manufacturing company in France. Perfectionists and highly motivated, the three Greek shareholders invested in the purchase of a 3,500 m² industrial site in Marle and immediately set up a production and packaging line for single-use plastic cups. The Picardy Regional Council and the Aisne General Council (02) are supporting this new industrial facility in the region, going so far as to offer financial support for the plant’s launch.
2014
In 2014, the second production line was commissioned in Marle. To meet the demands of its renowned customers, the plant now operates on a three-shift, eight-hour schedule (ALPHAFORM, GROUPE AEF, ELIS, CHATEAU D'EAU, RPC TEDECO, CULLIGAN, DART).
2015
In 2015, investments exceeded 6 million euros and revenue surpassed the 8 million euro mark.
2018
However, the gradual implementation of negative legislation for plastics accelerated since 2018 seriously compromises the future of LARIPLAST FRANCE's business. However, Greek shareholders are not about give up and disinvest. They raised 100% of the company's share capital and provided financial support to enable the plant to cope with changes in legislation by setting up new production of organic cups. Once again, legislation changes and PLA is also banned, making the 300,000€ investment just as pointless.
2020
The 2020–2021 health crisis forced the factory to implement furloughs for many months. However, no employees were laid off. Lariplast took advantage of the economic recovery plan (EMP) to settle nearly all of its debts with suppliers and now has no bank loans, with its only funding coming from shareholders and sales. In 2020, Lariplast launched a paper towel production line and a new shareholder joined the company. In November, the two cup production lines were sold before they had even been fully depreciated. 2020 revenue: €2,627,143 and losses: €1,301,492.
2021
Lariplast generated €2.3 million from the sale of two plastic production lines, and in March 2021, the installation of the new paper production line was completed at a total cost of €1.1 million. The end of the crisis enabled LARIPLAST FRANCE to partially repay its shareholders, while revenue for 2022 exceeds 7.5 million euros.
2022
At the end of 2022, the shareholders’ meeting decided to increase Lariplast’s capital in order to finance the investments that had already been approved.
2023 - Facility Expansion
LARIPLAST FRANCE’s expansion continues in 2023 with new projects - In January 2023, the 32,000-square-meter plot of land located near the factory was purchased (by the Marle town hall) for €88,000. - An agreement was reached with the shareholders for the acquisition of the factory (currently under a commercial lease). The shareholders of SCI Hellenic Properties (owner of the factory) are also shareholders of Lariplast France. - Lariplast may file a building permit application for a buffer building for reels and a canopy for pallet storage (we obtained the permit on 07/25/2023). - Between May and July, we took delivery in Marle of 18 trucks for the second production line (including the two packaging machines, the palletizer, and the stretch wrapper with conveyors and electrical cabinets). The line will begin production in January 2024.
2023 - New storage spaces
Lariplast a répondu au besoin d'espace de stockage supplémentaire en construisant deux bâtiments tampons destinés au stockage des bobines et des palettes. Ces bâtiments sont plus que nécessaires, car les deux lignes occupent déjà 65 % de la superficie de l'usine par rapport à la superficie consacrée aux produits finis.
2023 - New Investment Projects
En octobre 2023, Lariplast dépose une demande de permis de construire pour ériger deux entrepôts (de 3 000 m² chacun) sur le terrain acquis en janvier.
2024
The line will begin production in January 2024.