|
|
Article: Acquisitions, ownership and global pursuits.(NARROW WEB EUROPE)(Autajon Group)
- Article from:
- Label & Narrow Web
- Article date:
- July 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The hottest news from France, as already reported in L&NW's online version, is the acquisition, by the country's third biggest label converter, of Bopack, hitherto the biggest. This will create a market leader with a 15 to 20 percent market share in France. The acquirer, Autajon Group, is a home-grown packaging and label converter with more than 2,000 employees, and the combined Autajon-Bopack will have no fewer than 11 label plants in France, and two further plants in neighboring Benelux.
[ILLUSTRATION OMITTED]
Commenting on the acquisition, Autajon's International Sales Manager Gilles Poncato said: "This is an excellent fit because Bopack is strong in ...