All4Labels Global Packaging Group has announced the acquisition of Uniflexo, a Brazil-based pressure-sensitive labels, shrink sleeves, and booklet manufacturing company.
The companies have not disclosed the financial details or terms and conditions of this deal.
Completion of the transaction is now subject to the fulfilment of required customary closing conditions and regulatory approvals.
All4Labels CEO Paloma Alonso said: “We have been determined to build our Brazilian position by teaming up with the leaders, excited by the synergies to achieve together. My warm welcome goes to the entire Uniflexo team.”
The acquisition is expected to help All4Labels in further expanding its footprint in the ‘Latin America’ (LATAM) region.
All4Labels MNC executive vice-president and LATAM president Guido Iannone said: “With the new partnership with Uniflexo we will further expand our production capacity especially in the Agrochemical, Personal Care and Dairy segments, once again raising the bar in terms of versatility, high quality, time to market and production excellence.”
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Based in the western region of São Paulo, Uniflexo is a label converter with more than three decades of experience catering to clients in various segments.
The company specialises in offering a wide range of packaging decoration solutions and currently has 135 employees and more than 100 customers.
“We are truly proud to join the All4Labels Group and start this new chapter along with a team committed to innovation, digitalisation, and sustainability. This is an exciting moment for us, as we are committed to expanding and advancing the business,” Uniflexo shareholder Flávio Couto Campagnola said.
Upon the deal’s completion, Campagnola will continue to manage the existing Uniflexo business, All4Labels added.
The latest transaction comes after All4Labels announced the acquisition of Maxcor Indústria de Etiquetas, another Brazilian labelling company, to expand its presence in the Central America region.
All4Labels said that it will continue to focus on investing in technologies, regions, and markets that have the potential to support its sustainable growth and expansion efforts in the future.