AR Metallizing Announces Acquisition of EurofoilFebruary 5, 2020
AR Metallizing has announced the successful completion of their acquisition of Eurofoil – Paper Coating GmbH in Berlin from Aluminium Investment Company Ltd. The transaction was first announced on 11 November 2019 and has been approved since then by the relevant regulatory authority.
Eurofoil – Paper Coating GmbH is a sizeable European manufacturer of laminated and metallized inner liners. In the past 60 years, they have built a comprehensive portfolio of inner liners encompassing laminated, metallized and pure slitted and coated paper products. The acquisition strengthens AR Metallizing’s global footprint and the inclusion of Eurofoil – Paper Coating GmbH’s staff takes AR Metallizing’s headcount to approximately 700.
Eurofoil – Paper Coating GmbH’s plant in Berlin is well-equipped and enjoys a strong asset base with highly automated equipment, including water-based lacquering and metallizing lines, which are among some of the fastest in the world. The plant enjoys all the key certifications to serve its customers efficiently.