UPM reaches phase II of Sappi venture
Material manufacturers, UPM and Sappi, have reached the next stage of their Joint Venture which was first announced in December last year
Supplier of high-quality self-adhesive paper and film products, UPM Raflatac, has acquired Grafityp, a manufacturer of films and laminates
Supplier of high-quality self-adhesive paper and film products, UPM Raflatac, has acquired Grafityp, a manufacturer of films and laminates.
According to UPM Raflatac, merging its existing graphics business with Grafityp will strengthen its overall competitive positioning in this segment. The move will also expand UPM Raflatac’s portfolio and provide access to high-value new technologies.
With over 50 years of history as a developer and manufacturer of self-adhesive graphics solutions, Grafityp’s portfolio comprises colour films, print films for large-format colour printing, laminates, and wrapping films.
Timo Kekki, senior vice-president of UPM Raflatac Films and Specials, comments: “The acquisition presents significant opportunities to accelerate growth and enhance business value through the expansion of our customers base, production facilities, and innovative product offering.
“The UPM Group shares our commitment to human values and sustainability. The complementary nature of our two organisations is truly remarkable, and we anticipate considerable synergies arising from this partnership. This agreement accelerates our ambitious growth plans.”
UPM Graphics is a new strategic self-adhesive business unit within UPM Raflatac which was formed when the company acquired AMC AG and its graphics business in 2022. Now, UPM Raflatac strives to grow this division through “organic and possibly inorganic” measures.
