Coveris Further Strengthens Business With AcquisitionAugust 5, 2019
Coveris confirms that it has acquired 100% of the shares of Amberley Adhesive Labels Ltd a company based in Dorset, UK. The deal was closed 31 July at an undisclosed amount.
After a three-year modernisation program and extensive investments in state-of-the-art equipment Coveris has recently finalised the acquisition of Amberley, an UK based manufacturer of high-quality self-adhesive labels, to further strengthen its Labels & Board business.
“Introducing our Coveris strategy, we clearly committed ourselves to invest and grow our business in high potential areas. The acquisition of Amberley clearly underpins this endeavour. We are very much looking forward to a successful expansion of our labels capabilities and further develop the potential of our new facility,” comments Jakob Mosser, CEO Coveris, on the deal.
The labels business of Coveris currently focuses on serving the fresh, chilled and ambient markets whilst Amberley’s footprint is dedicated to the personal care and home markets. With extensive digital printing capabilities, the integration of Amberley marks not only an expansion into new markets but also an increased focus on extending its digital printing technology capabilities.
“Amberley is a successful business with a proven track-record with a clear focus on providing bespoke high-quality solutions to its customers and is the perfect addition for Coveris to broaden its market presence in the labels business,” comments Dennis Patterson, President Labels & Board, on the deal.
Amberley will be integrated in the Labels & Board division of Coveris with a clear intention to further invest into the business. “With Coveris we found the right partner for a strong future. Together we will leverage off Coveris labels know-how and resources to take our business to next level,” adds Trevor Smith, CEO and owner of Amberley.