UPM Raflatac acquires AMC

With this acquisition, UPM continues on its strategic path, adding to the organic growth in the attractive specialty packaging material value chain and strengthening the company’s transformation and long-term value creation in one of its three spearheads of growth.

AMC, founded in 1996 with roots going back to 1959, is a private company with long-term private owners. The company has two production sites, Kaltenkirchen and Hagenow, in Northern Germany. Its business includes coating of pressure-sensitive filmic labelstock and viscom/graphics materials under the Intercoat brand, and removable self-adhesive stationery products under the brand names Global Notes and Print Inform. The company employs more than 300 people and the latest financial year sales of AMC were EUR 110 million.

‘The acquisition will strengthen our position in Central Europe and expand our offering to new self-adhesive product lines. AMC’s capabilities and business portfolio are an excellent fit for us. The combination with UPM Raflatac’s efficient supply chain and sales and distribution network will enable further growth. We look forward to offering a stronger product portfolio to our current and new customers,’ said Antti Jääskeläinen, executive vice president of UPM Raflatac.

‘We are pleased to see AMC continuing to grow within the UPM Raflatac family. We strongly believe that by combining our knowledge and capabilities with UPM Raflatac’s experience, we can provide even stronger benefits to our customers and a successful future for our employees,’ added Wolfgang Leichner and Thomas Schwerdtfeger, shareholders and board members of AMC.

Both parties have agreed not to disclose the purchase price or other transaction details. The transaction is expected to be closed latest in Q3, 2022. The closing of the acquisition is subject to regulatory approvals.