ACG acquires Technical Aluminium Foil Company
DUBAI, August 16, 2023
ACG has announced full shareholding ownership of Technical Aluminium Foil Company LLC (TAFC UAE) solidifying its growth trajectory across the Middle Eastern and African markets.
As the world's only integrated pharma manufacturing solutions company, ACG headquartered in Mumbai, India, offers a diverse range of products including capsules, films, foils, engineering equipment and inspection systems.
The addition of TAFC, a prominent aluminium foil packaging company based in the UAE, strengthens ACG's position as a leading provider of comprehensive packaging solutions.
Packaging products
Shivshankar SR, CEO at ACG Films & Foils (one of ACG’s business units), said: “We are excited to be making our first acquisition in the UAE. This strategic collaboration will further support our work in bringing innovative and high-quality packaging products to market, while reducing lead times and improving service levels.
“By joining forces, the companies will be able to leverage their combined strengths and expertise to propel the business forward in the Middle Eastern and African markets.”
TAFC boasts over a decade of experience serving the pharmaceutical and food industries with its extensive range of aluminium and specialty packaging foils renowned for their exceptional high barrier properties.
The company's expertise in lacquering, lamination, printing and slitting further enhances ACG’s capabilities in meeting the diverse packaging needs of its clients.-- TradeArabia News Service