About Elopak
Elopak is a publicly listed company based in Oslo (Norway) founded in 1957. Paper-based packaging solutions for liquid foods are supplied globally. Elopak has raised $2.35 million across 2 funding rounds from investors including IFU. The company has 2,230 employees. Elopak has completed 1 acquisition, including Scott Equipment Company. Its website elopak.com draws about 30 thousand monthly visits. Elopak offers products and services including Fiber-based Cartons and Sustainability Services.
Company details
The company was founded in 1957 in Oslo, Norway, and operates as a provider of paper-based packaging systems for liquid products. Focus is placed on the food and beverage sector, where renewable solutions like the Pure-Pak carton are developed and distributed. Systems are designed for efficiency and sustainability, with headquarters in Norway supporting international operations.
- Headquarters Oslo, Norway
- Employees 2,230
- Stage Public
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website elopak.com
- Social LinkedIn X Facebook
- Legal Name Elopak Asa
- Annual Revenue$1.4 B (USD)5.02as on Dec 31, 2025
- Net Profit$71.58 M (USD)1.81as on Dec 31, 2025
- EBITDA$201.41 M (USD)7.67as on Dec 31, 2025
- Total Equity Funding$2.35M (USD)
in 2 rounds
- Latest Funding Round$1.24M (USD), Debt – Conventional
Jun 1993
- Investors
- Employee Count2,230
- Investments & Acquisitions
Products & Services of Elopak
Elopak offers a comprehensive portfolio of products and services, including Fiber-based Cartons and Sustainability Services.
Fiber-based cartons are produced for sustainable packaging of food and beverages, helping to reduce environmental impact.
Services related to design, printing, and secondary packaging are offered to promote eco-friendly practices in the industry.
Funding Insights of Elopak
Elopak has successfully raised a total of $2.35M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.24 million completed in June 1993. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.35M
- Total Rounds 2
- Last Round Debt – Conventional — $1.24M
- First Round $2.35M
(Jun 1993)
- Investors Count 1
All 2 funding rounds of Elopak with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
1 investors in total: 1 institutional.
Investors in Elopak
Elopak has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IFU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark |
Investor details for Elopak
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People of Elopak
66 people are tracked at Elopak (32 in leadership, 34 in team); the tracked headcount is 2,230.
| Name | Role | Group |
|---|---|---|
Sylvia Besler | Executive Human Resources Business Partner Elopak Group | Leadership |
Bent Axelsen | Chief Financial Officer | Leadership |
Beneat | Vice President, Technical Services (north America Region) | Leadership |
Martin Leegwater | Specialist Director Digitalization And Infrastructure In Operations | Leadership |
Runar Bakken | Director Strategy - Head Of Strategy Office | Leadership |
Oya Torum | Head Of Training Solutions | Leadership |
Thea Corwin Bristøl | Chief Marketing And Communications Officer | Leadership |
Veli Eryürük | Senior HR Business Partner | Leadership |
Almedina B. Jahre | Group Director HR Business Partnering | Leadership |
Nete Bechmann | Chief Human Resources Officer | Leadership |
Thomas Körmendi | Chief Executive Officer | Leadership |
Elisabet Døsen Grohshennig | Chief Legal & Compliance Officer | Leadership |
Joost van Uchelen | Finance Director Elopak Netherlands | Leadership |
Reinard Dreesmann | VP Operations Americas | Leadership |
Patrick Verhelst | EVP Sustainability, Product Management & Chief Marketing Officer | Leadership |
K. Axelsen | Chief Financial Officer | Leadership |
Ana Ferre Salas | Marketing Director, South Europe | Leadership |
Søren Qvistgaard Væggemose | Senior HR Business Partner | Leadership |
Soizic Olivier-Paris | Marketing Director | Leadership |
Wesley Mieras | Senior HR Operations Partner | Leadership |
46 more people are available in the full profile.
Complete people profiles for Elopak
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IPO & Listings of Elopak
Elopak is a publicly listed company on the OSL with ticker symbol ELO in Norway, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Jun 2021
- Listed onFRA: 9J7
- Listed entityElopak ASA
- Exchange sectorProcess industries
- ISINNO0011002586
- Share price35.55 NOK (+1.14% on the day) · 2026-10-14
- Market capitalisation9,463,048,055.00 NOK
- Price to earnings12.2
- EPS (diluted, trailing year)2.91 NOK
- Dividend yield4.13%
- Volume (last session)37,659
Financials of Elopak
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 14.13B NOK | 721.4M NOK | 2.03B NOK |
| 2024 | 13.45B NOK | 708.6M NOK | 1.88B NOK |
| 2023 | 12.94B NOK | 766.4M NOK | 1.83B NOK |
| 2022 | 10.35B NOK | 211.8M NOK | 1.07B NOK |
| 2021 | 8.69B NOK | 343.6M NOK | 1.05B NOK |
Detailed financial statements for Elopak
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Investments & Acquisitions by Elopak
Elopak has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scott Equipment Company.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Scott Equipment Company is recognized as a leading manufacturer of custom industrial processing equipment for diverse industries. | scottequipment.com | New Prague, United States | 1967 | Nov 1999 | •••• |
Complete acquisition details for Elopak
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Timeline of Elopak
4 dated milestones of Elopak across 64 years, from founding to its latest funding, stage changes and deals.
- Founded Elopak is founded.
- Funding First funding round of $2.3M.
- Acquisition Acquires Scott Equipment Company.
- IPO Lists on the stock exchange (IPO).
Web traffic of Elopak
The website of Elopak (elopak.com) receives about 29.6K visits a month and ranks #858,195 among all websites worldwide, #6,980 in Business Services.
- Monthly visits29.6K
▼ 8.3% vs previous month
- Unique visitors12.9K
per month
- Global rank#858,195
among all websites
- Category rank#6,980
Business and Consumer Services · Business Services
- Bounce rate37%
- Pages per visit2.4
- Average visit51 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Elopak. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amcor.com | 100% | 242.8K | #187,800 | View details | |
| sig.biz | 43% | 106K | #394,063 | View details | |
| tetrapak.com | 43% | 519.7K | #96,910 | View details | |
en.wikipedia.org | en.wikipedia.org | 41% | – | ||
| packagingeurope.com | 40% | #497,138 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Elopak
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Related news about Elopak
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Frequently Asked Questions about Elopak
Elopak was founded in 1957 and raised its 1st funding round 36 years after it was founded.
Elopak is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Elopak is a funded company, having raised a total of $2.35M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.35M, raised on Jun 1993.
Elopak has 2,230 employees.
Annual revenue of Elopak is $1.4B as on Dec 31, 2025.
The company was founded in 1957 in Oslo, Norway, and operates as a provider of paper-based packaging systems for liquid products. Focus is placed on the food and beverage sector, where renewable solutions like the Pure-Pak carton are developed and distributed. Systems are designed for efficiency and sustainability, with headquarters in Norway supporting international operations.
Elopak offers Fiber-based Cartons and Sustainability Services.
Yes, Elopak is publicly traded on OSL under the ticker symbol ELO.
Elopak has made 1 acquisition, including Scott Equipment Company.
Elopak has 1 investor. Key investors include IFU.
Elopak operates through Elopak.