Chesapeake, Amersham, U.K., will acquire Cezar S.A., a Poland-based producer of labels and cartons. Chesapeake notes that the operation complements its existing facilities and further extends its supply network to develop and support its presence in Central Europe.
Cezar's main production site is based near Bialystok, northeast Poland, a two hour drive from Warsaw. Cezar also has a satellite operation across the Polish border in Belarus. The business produces folding cartons as well as wet-applied, self-adhesive, and in-mould labels. Employing more than 300 people, Cezar is a substantial business focused on the alcoholic drinks, pharmaceutical, confectionery, and beauty-care markets supplying both pan-European and local customers.
Commenting on the acquisition, Jerry Kerins, chairman and CEO, said that "Cezar is an impressive, well-respected operation and an ideal partner to further extend our position in Central and Eastern Europe. Cezar operates to exceptionally high production standards and benefits from new generation machinery, establishing them firmly as a world-class manufacturer. This acquisition extends our service to customers, and Cezar's rigorous quality standards, proactive approach to innovation, and customer service closely match our own philosophy."
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