Constantia Flexibles strengthens position in Southeast Asia labels market
Constantia Flexibles Group continues to strengthen its position in the Southeast Asia labels market by acquiring the Australian company Pemara Labels Group. The transaction is expected to close in the next few months.
Melbourne-based Pemara was founded in 1966 and produces self-adhesive labels (pressure-sensitive labels), in-mould labels and Fix-a-Form leaflet-labels. It is also a leader in digital print solutions. Pemara supplies to leading national and multinational companies from the consumer goods (FMCG), pharmaceutical, as well as food and beverage sectors across the Asia Pacific region. Privately-owned Pemara achieved sales of approximately 30 million euros in the financial year ended June 2015 and currently employs more than 300 employees. It operates four plants in Australia, Malaysia, Vietnam and Indonesia, along with sales offices in Sydney (Australia) and Manila (Philippines).
"With its excellent managerial experience, leading technology and more than 20 years of experience in Asia, Pemara is a great addition to Constantia Flexibles," said Mike Henry, Executive Vice President and Head of the company’s Labels division. "We can expand our regional footprint and thus support our multinational customers with their global expansion. In addition, we increase our position in the home and personal care (HPC) market."
