Pago and Fuji Seal in merger deal

- One-stop packaging shop to grow from merger

- Merger implemented via the acquisition of Pago shares by Fuji Seal
 
Fuji Seal and Pago are to merge, allowing the former to pursue its vision of offering clients a wide range of packaging products and services.
 
Fuji Seal is a leading global manufacturer of shrink sleeves and sleeving machinery, and is continuously expanding its business in Europe, America and South East Asia.

Most recently, it extended its product range to include spouted pouch packaging and is now supplementing this activity in Europe to cover the self-adhesive labels business area, and the accompanying labeling technology, by the acquisition of Pago, a labels and labeling technology specialist. 

Pago's product range comprises self-adhesive labels, sleeves, labeling and marking technology and software.
 
The merger was contractually agreed on May 31 and will be completed on July 1.

One-stop shop

Through the merger, Fuji Seal is pursuing its vision of offering its clients a wide range of packaging products and services, while understanding and meeting extensive customer criteria in many different areas, so becoming the business partner of choice for its customers.
 
Through ongoing developments in the areas of packaging materials and packaging machinery, Fuji Seal said it is not only meeting customer wishes, but also opening up new productivity potentials for them with all kinds of distinctive value-added features for their products. As part of its growth strategy and as a “total packaging company”, Fuji Seal decided in favor of this acquisition in order to be in a position to offer a comprehensive product range in Europe.
 
The Pago Group, which is itself a leader in the manufacture of high-quality self-adhesive labels for all kinds of industries, and also internationally active in the domain of labeling and marking technology, makes an "excellent strategic fit" with the business model of the Fuji Seal Group.
 
The merger will create an international supplier of sleeves, self-adhesive and booklet labels as well as sleeving, labeling and marking equipment which will offer customers a comprehensive solution package ranging from consumables to machine technology.

Succession arrangement

At the same time, the acquisition also represents a succession arrangement for the Pago Group shareholders designed with the future in mind and will secure the continuing existence of the Pago business as a dependable supplier to its customers and as an employer at different sites in Europe.
 
Customers of the two companies will benefit from product diversity, consultancy and system expertise to secure the implementation of all-round solutions. For the time being there will be no changes at the two companies in regards to the daily course of business or the contact persons for customers, suppliers and partners.

Read more on mergers and acquisitions in the package printing market here