Baumgarten acquires Argentine converter Autopack

Autopack, based in Pablo Podestá, 30km outside Buenos Aires, has 110 employees and is one of the leading label converters in Argentina. The company, founded in 1990, specializes in promotional labeling and has a large export business.

The deal, signed on February 26, swiftly follows the company’s January 1 acquisition of Etiquetas Rodak in Mexico, and reflects Baumgarten’s strategy of market expansion in Latin America, said company chairman Ronaldo Baumgarten Jr. ‘This second acquisition abroad is part of our internationalization strategy for the improvement of our presence in the worldwide market. Our goal is to become a global supplier for multi-national customers and a stronger supplier for domestic customers by offering them the most updated and efficient resources available in the printing business.’

Autopack’s name will be retained for its promotional and safety label business, while ‘Autopack, a Baumgarten company’ will be used during a transition period in the packaging label market.

‘We are very confident with the acquisition of Autopack because it already is a well-known supplier in the market, an exporter, and very quick and creative,’ said Ronaldo Baumgarten Jr. ‘In addition, it has a corporate and management culture very similar to Baumgarten’s, and these aspects – allied to its excellent technological structure, competent staff and space available for investing in more machines – have been determining factors in its selection as Baumgarten’s entry point into the Argentinean market.  

‘Now, with plants in Mexico and Argentina, in addition to our headquarters in Brazil, we are going to spread best practices among the plants and work with each other to bring opportunities and benefits, particularly to our customers.’

Read about Autopack in the L&L archive:

http://www.labelsandlabeling.com/news/features/eco-friendly-plate-success-argentina