UPM Raflatac completes the acquisition of selected Labelcote assets in South Africa

UPM Raflatac has completed its acquisition of selected assets of the South African labelstock distributor Labelcote.

With this transaction, UPM Raflatac said it further improves its service capability in South Africa

UPM Raflatac will continue to operate the formerly Labelcote-owned slitting and distribution terminal in Johannesburg. The terminal will continue to operate with outsourced labor. In addition to the new Johannesburg terminal, UPM Raflatac currently has sales and terminal operations in Pinetown in the Durban area and Cape Town in South Africa.

Tiger Packaging, known by its trading name Labelcote, is a well-established South African business specializing in the slitting and distribution of pressure-sensitive labelstock and tag materials.

Labelcote has been trading in the South African market for over 20 years, originally as a partner for UPM Raflatac. Labelcote sells materials throughout South Africa with physical presence in the Durban, Johannesburg and Cape Town markets.

‘UPM Raflatac has in the recent years successfully grown with our labelstock customers in Sub-Saharan Africa and South Africa,’ explained Lee Unsworth, area sales director for Sub-Saharan Africa and South Asia at UPM Raflatac.

‘With this transaction, we further improve our service capability and can offer the full range of UPM Raflatac standard and specials products to even more customers in South Africa.’