API Foilmakers acquires United Foils Europe and its subsidiaries
18 April 2024
The acquired businesses will be combined with API Foilmakers to form a leading player in the transfer technologies industry.
Aldus with its subsidiary API Foilmakers, has entered into a definitive agreement to acquire United Foils Europe BV along with its businesses United Transfer Technologies BV, Pack Vision BV, United Foils, Starfoil Technology Netherlands BV and Newfoil Machines.
On completion, the acquired businesses will be combined with API Foilmakers to form a new leading player in the transfer technologies industry with a strong legacy, deep foil expertise and broad application knowledge. The combined foil companies United Transfer Technologies BV, Pack Vision BV and United Foils will, in the near future be known as API Transfer Technologies.
The combination of a distribution business with a European manufacturer of transfer products will provide high-quality service to customers. With an extensive distribution network, the business will provide customers with a wide product range, excellent service, and technical support. Further benefits will include security of supply, short lead times, rapid product development and customization capabilities.
Kenny Gilmour, managing director of API Foilmakers, said: ‘We are thrilled to welcome United Foils to the Aldus family. The addition of an excellent product range and world leading conversion facilities will allow us to better serve our customers and accelerate growth.’
Fons van Delft, owner of United Foils Europe BV stated: ‘We are excited to join forces with API Foilmakers and leverage their expertise to further expand our reach and offering while continuing to assure customers of our trusted product range which we will continue to develop and enhance with our valued, long-term suppliers. The combined company will build on our service ethos, placing customers at the heart of everything we do.’
Source: Labels & Labelling