UPM Raflatac has signed an agreement to acquire AMC AG (Advanced Methods of Coating). With this acquisition, UPM continues on its strategic path, adding to its organic growth in the specialty packaging materials sector. The transaction strengthens the company’s transformation and creates long-term value in one of its three growth areas.
AMC AG has two production sites in Kaltenkirchen and Hagenow in Northern Germany. AMC’s business includes coating of pressure-sensitive filmic label stock and Viscom/Graphics materials under the Intercoat brand, and removable self-adhesive stationery products under the brand names Global Notes and Print Inform. The company employs more than 300 people.
UPM delivers renewable and responsible solutions and innovates for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. UPM employs 17,000 people worldwide with annual sales of approximately EUR 9.8 billion. The company is listed on Nasdaq Helsinki.
UPM Raflatac leads in sustainable labelling through its innovative self-adhesive label materials and services. UPM Raflatac offers high-quality paper and film label stock for branding and promotion, informational labels, and labels with functionality. The company operates a global network of factories, distribution terminals and sales offices. UPM Raflatac employs around 3,000 people and with sales of EUR 1.7 billion.
For more information please refer to UPM’s press release.