Pago Group merges with Fuji Seal

Fuji Seal and Pago Group have merged to create a global supplier of sleeves, labels and flexible packaging as well as sleeve application and labeling technology. The merger will be implemented via the acquisition of Pago shares by Fuji Seal.

Fuji Seal, a leading manufacturer of shrink sleeves and sleeving machinery, 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.

Pago Group, which is itself a leading self-adhesive label manufacturer for all kinds of industries and also internationally active in the domain of labeling and marking technology, is said to be ‘an excellent strategic fit’ with Fuji Seal’s business model.

The acquisition also represents a succession arrangement for Pago Group shareholders and will secure the continuing existence of the Pago business.

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.

The merger was contractually agreed on 31 May 2012 and will be completed on 1 July 2012.

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