Marzek Etiketten acquires Ukraine printing house

Austria-based converter Marzek Etiketten has further expanded its capacity through the acquisition of Ukrainian company Pechatny Dvor (known as Druckarsky Dvir in its native country).

The converter, which employs 150 people in Dnepropetrovsk, Ukraine, has been renamed Marzek Pechatny Dvor Llc. At the same time, the company has completed the building of a new industrial digital label production center in Austria, in a 1.5 million euro investment.

‘This deal expands the consolidated group turnover of the three production locations: Marzek Etiketten GmbH, Austria; Kner Packaging Llc, Hungary; and the Ukrainian production facility, now totaling 48 million euros [US$ 62 million],’ says Dr Johannes Michael Wareka, CEO and the fourth generation of the founders family.

As reported in L&L 2, Marzek Etiketten produces high value sheet- and reel-fed labels, both wet glue and self-adhesive, as well as folding cartons in offset, letterpress, flexo, silkscreen and hybrid printing, all in combination with various finishing and security options. The acquisition of Pechatny Dvor brings Marzek sleeve, flexible packaging and rotogravure capabilities.

Why Ukraine?

With a population of 46 million people, Ukraine’s per capita label consumption is less than 20 percent of the average in Central Europe. Marzek, therefore, sees great potential in the Ukrainian market in the medium and long term, and believes it can use its expertise to increase productivity and quality in its new subsidiary. Three employees from the company’s Austrian headquarters, with knowledge of the Russian and Ukrainian languages, will be based in the Marzek Pechatny Dvor facility, pictured.

Based on the extended product portfolio and the three production facilities, in combination with the existing local and international sales teams, as well as the bonus of a local supplier, there are various new opportunities for cross-selling across, for example, Ukraine and Russia.

Marzek already has experience in the Ukrainian market, thanks to a successful joint venture between 2000 and 2005.

Click here for more stories about Marzek Etiketten on L&L.com.