Aldus with its subsidiary API Foilmakers, has entered into a definitive agreement to acquire United Foils Europe BV along with its businesses United Transfer Technologies BV, Pack Vision BV, United Foils, Starfoil Technology Netherlands BV and Newfoil Machines.
On completion, the acquired businesses will be combined with API Foilmakers to form a new player in the transfer technologies industry with a ‘strong legacy, deep foil expertise and broad application knowledge’.
The combined foil companies United Transfer Technologies BV, Pack Vision BV and United Foils will, in the near future, be known as API Transfer Technologies.
The business will provide customers with an ‘enviable product range, excellent service, and technical support’. The company revealed further benefits will include ‘security of supply, short lead times, rapid product development and customisation capabilities’.
“We are thrilled to welcome United Foils to the Aldus family,” said Kenny Gilmour, MD of API Foilmakers. “The addition of an excellent product range and world leading conversion facilities will allow us to better serve our customers and accelerate growth.”
Fons van Delft, owner of United Foils Europe BV, added, “We are excited to join forces with API Foilmakers and leverage their expertise to further expand our reach and offering while continuing to assure customers of our trusted product range which we will continue to develop and enhance with our valued, long-term suppliers. The combined company will build on our service ethos, placing customers at the heart of everything we do.”
