- UPM Raflatc continues it expansion with the acquisition of Grafityp
UPM Raflatac accelerates its growth in Graphics by acquiring GrafitypUPM Raflatac has acquired Grafityp, a Belgian-based company to further accelerate its growth in graphics solutions. Merging UPM Raflatac’s existing Graphics business with Grafityp will strengthen UPM Raflatac’s overall competitive positioning in this attractive product segment, expand its portfolio and give access to high-value new technologies. Both parties have agreed not to disclose the purchase price or other transaction details.
Grafityp is a well-established company with more than 50 years of history and a pioneer in developing and manufacturing self-adhesive graphics solutions. Today it is known for its strong brands and product portfolio consisting of color films, print films for large format color printing, laminates and wrapping films for various end-uses. The company has approximately 100 employees and has a manufacturing site in Houthalen, Belgium and a distribution center in the UK.
“We are committed to becoming a full product and service provider in graphics solutions. Merging Grafityp with UPM Graphics business accelerates our growth. Grafityp 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,” says Timo Kekki, Senior Vice President, UPM Raflatac Films and Specials.
“This acquisition presents significant opportunities to accelerate growth and enhance business value through the expansion of our customer base, production facilities and innovative product offering. The UPM Group shares our commitment to human values and sustainability. The complementary nature of our two organizations is truly remarkable, and we anticipate considerable synergies arising from this partnership. This agreement accelerates our ambitious growth plans. We eagerly anticipate the promising future this collaboration will bring,” says Herman Bosman, Owner of Grafityp.
UPM Graphics is a new strategic self-adhesive business unit within UPM Raflatac. The business was established after acquiring AMC AG and its graphics business in 2022. UPM Raflatac’s strategy is to grow its graphics business through organic and possibly inorganic measures to give it a significant weight in the company’s product portfolio. Typical graphics applications can be found e.g. in indoor and outdoor advertising, signage and vehicle wrapping.
www.upm.com – www.grafityp.com
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