AR Metallizing acquires Eurofoil Paper Coating

Extending AR Metallizing’s global reach with a factory in Berlin will complement the company’s existing plants in Belgium, Italy, North America and Brazil. Eurofoil will eventually be rebranded to AR Metallizing. All German plant employees will be fully integrated into the company, taking AR Metallizing’s global headcount to approximately 700.

‘The acquisition of Eurofoil is the ideal next step in the AR Metallizing’s growth strategy, allowing the team to increase production capacity and better serve our growing customer base,’ says Dr Bart Devos, AR Metallizing’s CEO. ‘This newest acquisition also gives us the opportunity to continue the expansion of our innovative product portfolio and increase our R&D facilities.

‘Incorporating Eurofoil will allow us to work towards our goal of positioning AR Metallizing as a leading provider of choice for multinational firms looking to use eco-friendly, paper-based packaging and labelling materials. Through the acquisition, AR Metallizing will also be further developing and serving our customers with an increased number of products for direct food contact,’ concluded Devos. 

‘We’re delighted that AR Metallizing will acquire our Berlin facilities,’ said Michael Koblitz, managing director of Eurofoil. ‘Particularly, we are looking forward to being part of a global company that’s reputed in the industry for its product quality and customer care – qualities that very much match Eurofoil’s company spirit.’