Constantia Flexibles Acquires Pemara Labels Group
Constantia Flexibles Group has acquired Melbourne-based Pemara Labels Group, which supplies to companies from the consumer goods, pharmaceutical, and food and beverage sectors across the Asia Pacific region.
“With its excellent managerial experience, leading technology and more than 20 years of experience in Asia, Pemara is a great addition to Constantia Flexibles,” says Mike Henry, executive vice president and head of the company’s labels division. “We can expand our regional footprint and thus support our multinational customers with their global expansion. In addition, we increase our position in the home and personal care market.”
Founded in 1966, Pemara produces self-adhesive labels, in-mould labels and Fix-a-Form leaflet-labels. The company operates four plants in Australia, Malaysia, Vietnam and Indonesia, along with sales offices in Sydney, Australia and Manila, Philippines, and achieved sales of 30 million euros this past financial year.
“Pemara is delighted to be joining Constantia Flexibles. We have been searching for a strong global partner, and believe we have found a great match with Constantia Flexibles’ Labels division,” says Andrew McNamara, group managing director of Pemara. “We are particularly pleased that the staff and management are continuing with the business to become part of this global packaging group.”
Pemara is Constantia Flexibles’ second acquisition in 2015 following the acquisition of Afripack in South Africa, which is expected to close in the coming weeks.
Constantia Flexibles Labels Division has annual revenues of more than 500 million euros and supplies more than 1,000 global customers, including multinational corporations and local markets. It operates 19 production facilities on four continents and has more than 2,000 employees.
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