{"id":1080,"date":"2024-07-24T04:34:14","date_gmt":"2024-07-24T08:34:14","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=1080"},"modified":"2024-07-24T04:34:14","modified_gmt":"2024-07-24T08:34:14","slug":"upm-raflatac-acquires-grafityp-to-enhance-graphics-offerings","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=1080","title":{"rendered":"UPM Raflatac acquires Grafityp to enhance graphics offerings"},"content":{"rendered":"


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The financial terms of the deal were not made public. Credit: UPM. <\/figcaption><\/figure>\n<\/p><\/div>\n

UPM Raflatac, a self-adhesive paper and film provider, has announced the acquisition of Belgium-based Grafityp for an undisclosed amount.\u00a0<\/p>\n

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The integration of Grafityp with UPM Raflatac\u2019s existing Graphics business segment is expected to bolster its position in the product segment.\u00a0<\/p>\n

This strategic move will expand the company\u2019s product portfolio and introduce new technologies to its offerings.\u00a0<\/p>\n

Grafityp offers self-adhesive graphics solutions, including colour films, print films, laminates, and wrapping films for various applications.\u00a0<\/p>\n

The company runs a manufacturing site in Houthalen, Belgium, and a distribution centre in the UK, employing a total of 100 people.\u00a0<\/p>\n

UPM Raflatac Films and Specials senior vice-president Timo Kekki said: \u201cWe are committed to become a full product and service provider in graphics solutions. Merging Grafityp with UPM Graphics business accelerates our growth.\u00a0\u00a0<\/p>\n

\u201cGrafityp is a leading, innovative graphics company with lot of know-how. We look forward to growing together and offering an even stronger product portfolio to our current and new customers.\u201d\u00a0\u00a0<\/p>\n

The acquisition follows UPM Raflatac\u2019s creation of a new strategic self-adhesive business unit, UPM Graphics, which was established after the acquisition of AMC AG\u2019s graphics business in 2022.\u00a0\u00a0<\/p>\n

UPM Raflatac\u2019s strategy includes organic growth and potential additional acquisitions to enhance its presence in the graphics sector.\u00a0<\/p>\n

In related news, UPM Raflatac has witnessed a demand recovery for self-adhesive label materials in the first half (H1) of 2024 compared to last year\u2019s H1.<\/p>\n

The company was also able to deploy margin management actions.\u00a0<\/p>\n

In May this year, UPM Raflatac unveiled its New Wave paper label material<\/a>, which is said to be compatible with recycling systems.\u00a0\u00a0<\/p>\n

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