The German rigid plastic pack maker said that its Dutch-based business has already benefited from investment from the firm.
It has invested in new thermoforming machinery and, what it describes as, state-of-the-art automation with advanced data collection technology.
Paccor Food Service Europe managing director Chris Hart said: "Our continuing investment demonstrates to the industry that we are now focusing on the future with great optimism.
"We look to continue our growth and development in the food service packaging industry through investment in our people, existing facilities and targeting sustainable growth opportunities.
"We believe that our investments will allow us to increase our significant market share. We will continue to develop new products for the market and to seek out alternative materials that can enhance performance, are environmentally friendly and minimise the risk of continuing volatility of escalating raw material prices."