AB Graphic International (ABG) and Kocher+Beck have agreed to buy Enprom Packaging, with the move expected to aid the growth of both companies.
Enprom Packaging is a Spanish labelling, converting and packaging equipment manufacturer that was established in 2012.
According to ABG managing director and owner Mike Burton, the acquisition will strengthen and expand the finishing equipment manufacturer’s web-based processing offerings, while also enabling it to enter new market segments with lower-level risk.
He said: “ABG and Kocher+Beck are successful family-led businesses, which are well-established in the world of narrow web and converting.
“We have worked successfully together for many years and we are confident that the time is right to lay the foundations of future growth by taking this important step together.”
Enprom offers a range of products, including equipment for shrink sleeve converting, slitting and rewinding, label finishing, coating and lamination and hybrid converting. Its headquarters are in Girona, near Barcelona.
In May, Turkey-based Doğa Etiket partnered with Coca-Cola, using Enprom’s eRS 60 sleeve sealing machine to produce decorative sleeves for the beverage major’s 250ml bottles.
Kocher+Beck chief executive officer and owner Lars Beck said: “I am impressed by the skills and experience of the Enprom team, which will help to speed up and streamline the development of the next generation of winding equipment.
“At the same time, shared structures, synergies and a worldwide network of distribution partners will help all three businesses to be faster to market.”