Reynders acquires Albeniz Group, expands into Spain

Reynders Label Printing has acquired 100 percent of the shares in Spain’s Albeniz Group.

Reynders acquires Albeniz Group, expands into Spain

Albeniz has been manufacturing labels for over 100 years, of which the last 40 are focused almost exclusively on self-adhesive labels. Albeniz specializes in labels for the automotive sector. To comply with the requirements of the automotive sector, Albeniz operates a quality management system based on the ISO/IATF 16949 standard for production of self-adhesive labels, as well as on its own product development department and its in-house test lab. A second business unit of Albeniz is labeling systems – print and apply machines – for different applications and markets.

Reynders is a family owned industrial group with its headquarters in Belgium, and now operates sites in five countries across Europe and Asia. It mainly serves customers in the pharmaceutical, cosmetic, food and beverage and house, car and garden sector.

In a statement, Reynders and Albeniz noted: ‘Both organizations are convinced that, in combining the knowledge and experience of Reynders and Albeniz, all stakeholders – internal and external – will benefit from this operation.’

The full integration of the Spanish site in Pamplona into Reynders Label Printing will be concluded in the first quarter of 2019. Albeniz Group managing director Javier Téllez Moreno and his management team will continue to lead the operations in Pamplona.