News & Views
Acquisition Underpins MENA Market Growth
Jun 29 2023
ACG acquires Technical Aluminium Foil Company
ACG, the world's sole integrated pharma manufacturing solutions company, has announced its complete shareholding ownership of Technical Aluminium Foil Company (TAFC). This strategic move solidifies ACG's growth trajectory in the Middle Eastern and African markets.
As a comprehensive provider of packaging solutions, ACG offers a diverse range of products, including capsules, films, foils, engineering equipment, and inspection systems. The addition of TAFC, a prominent UAE-based aluminium foil packaging company, further strengthens ACG's position in the industry.
TAFC has earned a stellar reputation for over a decade, serving the pharmaceutical and food sectors with its wide range of aluminium and specialty packaging foils known for their exceptional high barrier properties. The company's expertise in lacquering, lamination, printing, and slitting enhances ACG's capabilities in meeting diverse packaging requirements.
This acquisition marks ACG Group's first venture in the Middle East, following its recent successful acquisitions of ComboCap and AquaCap in the Americas. TAFC seamlessly aligns with ACG Films and Foils' existing business operations, enabling both entities to leverage their combined strengths and expertise for accelerated growth.
Shivshankar S.R., CEO at ACG Films & Foils, said: “We are excited to be making our first acquisition in the UAE. This strategic collaboration will further support our work in bringing innovative and high-quality packaging products to market, while reducing lead times and improving service levels.
“By joining forces, the companies will be able to leverage their combined strengths and expertise to propel the business forward in the Middle Eastern and African markets.”
More information online
Digital Edition
ILM 49.5 July
July 2024
Chromatography Articles - Understanding PFAS: Analysis and Implications Mass Spectrometry & Spectroscopy Articles - MS detection of Alzheimer’s blood-based biomarkers LIMS - Essent...
View all digital editions
Events
Jul 28 2024 San Diego, CA USA
Jul 30 2024 Jakarta, Indonesia
Jul 31 2024 Chengdu, China
ACS National Meeting - Fall 2024
Aug 18 2024 Denver, CO, USA
Aug 25 2024 Copenhagen, Denmark