UPM To Accelerate Growth In Label Materials With Signing Of Acquisition Agreement

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UPM To Accelerate Growth In Label Materials With Signing Of Acquisition Agreement
AMC Hagenow

AMC AG’s business includes coating of pressure sensitive filmic labelstock and visual communication/graphics materials under the Intercoat brand, and removable self-adhesive stationery products under the brand names Global Notes and Print Inform. UPM Raflatac has signed an agreement to acquire AMC.

This acquisition accelerates growth and expands the product offering of UPM Raflatac. The transaction is expected to be closed latest in Q3, 2022. With this acquisition, UPM continues in its strategic path, adding to the organic growth in the attractive specialty packaging material value chain, and strengthens the company’s transformation and long-term value creation in one of its three spearheads of growth.

AMC AG, founded in 1996 with roots going back to 1959 is a private company with long-term private owners. The company has two production sites Kaltenkirchen and Hagenow in Northern Germany. UPM Raflatac expects to accelerate AMC’s growth and realise significant synergies.

‘The acquisition will strengthen our position in Central Europe and expand our offering to new self-adhesive product lines. AMC’s capabilities and business portfolio are an excellent fit for us. The combination with UPM Raflatac’s efficient supply chain and sales and distribution network will enable further growth. We look forward to offering a stronger product portfolio to our current and new customers,’ said Antti Jääskeläinen, Executive Vice President, UPM Raflatac.

‘We are pleased to see AMC continuing to grow within UPM Raflatac family. We strongly believe that by combining our knowledge and capabilities with UPM Raflatac’s experience, we can provide even stronger benefits to our customers and a successful future for our employees,’ said Wolfgang Leichner and Thomas Schwerdtfeger, shareholders and board members of AMC AG.

UPM
https://www.upmraflatac.com

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