UPM Raflatac Acquires Self-Adhesive Graphics Producer Grafityp in Belgium
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UPM Raflatac has acquired Grafityp, a Belgium-based company that manufactures self-adhesive graphics solutions, including color films, print films for large format color printing, laminates and wrapping films for various end-uses.
The purchase price and terms of the deal were not disclosed.
UPM Raflatac intends to merge its Graphics business with Grafityp to strengthen UPM Raflatac's overall competitive positioning, expand its portfolio and give access to high-value new technologies.
According to UPM Raflatac, Grafityp is a well-established company with more than 50 years of history and a pioneer in developing and manufacturing self-adhesive graphics solutions. 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 become a full product and service provider in graphics solutions," said Timo Kekki, Senior Vice President, UPM Raflatac Films and Specials. "Merging Grafityp with UPM Graphics business accelerates our growth. Grafityp is a leading, innovative Graphics company with lot of know-how."
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 in applications such as indoor and outdoor advertising, signage and vehicle wrapping.
