Flexoprint Brazil joins All4Labels Group
All4Labels Global Packaging Group has acquired Brazilian converter Flexoprint Labels as a part of its global growth strategy and approach to partner up with leading companies in the packaging space. Terms of the transaction were not disclosed.
The Stange Warmeling and Schlickmann families signed an agreement to become co-shareholders in the All4Labels Global Packaging Group, making Flexoprint Labels a 100 percent subsidiary of the group. Flexoprint Labels is a packaging provider with a core focus on labels and sleeves. It has manufacturing sites in Brazil and Paraguay.
The owners of Flexoprint will continue to manage their business and will additionally take over key responsibilities in the All4Labels LATAM organization to drive the growth in the region together with Fernando Gabel, All4Labels president for Latin America and his team.
Gabel commented: ‘We are extremely pleased and proud to welcome the entire Flexoprint team as new partners and member of the All4Labels family and together we will be able to offer our customers a much more complementary product and end market portfolio. We are looking forward to continuing the All4Labels success story together and welcoming the new colleagues with open arms.’
Laércio Stange Warmeling, CEO of Flexoprint, said: ‘Flexoprint has a solid and growing trajectory of business success and is always looking for new horizons. Within the All4Labels project we identified the possibility of consolidating and combining our ideas and dreams for the continuity and development of our business in Latin America, leading to this perfect alliance. From the closing on we will be part of the global All4Labels family and we will always maintain the same essence of working and relating with our employees, customers and suppliers, now having the perfect synergies to speed up the development at a regional level.’
Adrian Tippenhauer, All4Labels CEO, added that this partnership is extremely important for the company's Latin American growth strategy.
‘Laércio and Jaison [Flexoprint owners] are unique and very committed entrepreneurs which have built an outstanding company in a demanding environment with their teams. We are pleased and proud to welcome their employees as new members of the All4Labels Global Packaging Group. Finally, I would like to thank all the parties and family members involved for their valuable support and trust in the project as well as our team.’
The transaction is expected to close in Q2 2022, subject to customary regulatory approvals.
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