31 July 2024

Growth boost: Grafityp acquired by UPM Raflatac

2024.07.23 Grafityp reaches an important milestone in its growth strategy thanks to the acquisition by Finland's UPM Raflatac, part of UPM, a leading provider of self-adhesive paper and film products.

This acquisition offers significant opportunities to accelerate growth and increase business value through the expansion of Grafityp’s customer base, production facilities and innovative product offering. Both parties have agreed not to disclose the purchase price or other details of the transaction.

“We eagerly look forward to the promising future this partnership will bring us. The UPM Group shares our commitment to human values and sustainability. The complementarity of our two organisations is truly remarkable and we expect significant synergies as a result of this collaboration. It will accelerate our ambitious growth plans!” says Herman Bosman, owner of Grafityp.

Merging UPM Raflatac’s existing Graphics business with Grafityp will strengthen UPM Raflatac’s overall competitive position in this attractive product segment, expand its portfolio and provide access to high-quality new technologies.

“We are determined to become a complete supplier of products and services for graphics solutions. The merger of Grafityp with UPM Graphics accelerates our growth. Grafityp is a leading, innovative graphics company with a lot of know-how. We look forward to growing together and offering an even stronger product portfolio to our current and new customers,” Timo Kekki, senior vice president, UPM Raflatac Films and Specials.

UPM Graphics is a new strategic self-adhesive business unit within UPM Raflatac. The business was established following the acquisition of AMC AG and its graphics business in 2022. UPM Raflatac’s strategy is to grow the graphics business through organic and possibly inorganic measures to give it significant weight in the company’s product portfolio. Typical graphic applications can be found, for example, in indoor and outdoor advertising, signage and vehicle wrapping.

For further information please contact:

Herman Bosman, Chairman of the Board, Grafityp, tel. +32 11 600 851
Patrick Nijs, CEO, Grafityp, tel. +32 11 600 851
Timo Kekki, Senior Vice President, Films and Specials SBU¸ UPM Raflatac,
Media contacts coordinated by UPM Media Relations, tel. +358 40 588 3284, media@upm.com
Juuli Räsänen, Director, Graphics Business Unit, Films and Specials SBU, UPM Raflatac,
Media contacts coordinated by UPM Media Relations, tel. +358 40 588 3284, media@upm.com

Photographs for media: click here!

Company information

Grafityp
We have been developing films and laminates for more than 50 years with brands that stick. Family Bosman has been running Grafityp since the establishment and is still actively today. Our speciality is developing, producing and selling self-adhesive foils and films for various end uses. Our strategy is based on customer intimacy and operational excellence. We want to be leading in sustainability based on the three Ps – people, planet and profit and we are very proud on solutions we provide there related. Our goal is to reduce CO2 emissions by 40% by 2030. Find out more our site!

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#grafityp #grafitypselfadhesivefilms #letssticktogether #grafitypmakesyoustick

UPM Raflatac
UPM Raflatac offers high-quality self-adhesive paper and film products including label materials, graphics solutions and removable self-adhesive products. We operate 12 factories and deliver our innovative and sustainable products through our global network of distribution terminals. We are one of UPM’s growth businesses and employ around 3,100 people. Our sales reached almost EUR 1.5 billion (USD 1.6 billion) in 2023. Find out how we are labeling a smarter future beyond fossils at www.upmraflatac.com.

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UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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