Pamarco Global Graphics, Inc. has confirmed the further expansion of its European presence through the acquisition of TLS Anilox GmbH and TLS Invest GmbH, a provider of anilox rolls and related equipment headquartered in Salzkotten, Germany. Terms of the transaction were not disclosed.
“TLS Anilox, established 10 years ago in the heart of Europe, will bring to Pamarco additional production capacity, while continuing to provide exceptional service and superior quality anilox rollers and sleeves to customers,” said Christopher Wasserman, CEO and Founder/President of TeroLab Surface Holding SA. “As family-owned entrepreneurial companies with strong values, Pamarco and TLS Anilox are the ideal strategic partners.”
TLS provides laser engraved anilox rolls for a diverse set of customers in the flexographic, corrugated, and other end markets, all of which are complementary to Pamarco’s existing offering. The acquisition includes the sale of TLS’s patented TeroLux carbide coating process that offers improvements over ceramic coatings of anilox rollers. This helps reaffirm Pamarco’s presence as a leader with their portfolio of industry standard setting brand offerings.
John Burgess, President, Pamarco, added, “This acquisition represents a key strategic objective of ours to have a full service anilox producer in the heart of the European market to better service the converting and OEM customer base. TLS has an excellent quality and service reputation and a world-class sales and distribution network, which we will combine with our own to give us unsurpassed coverage in Europe and beyond. We also intend to continue to take advantage of some of the unique products created by TLS, such as TeroLux, and expand sales of these products worldwide.”
Allan Li, CEO, Pamarco, added, “We are excited to welcome TLS, its employees and its customers to the Pamarco family. The TLS deal exemplifies Pamarco’s acquisition strategy – growth of our global footprint, the addition of blue-chip customers in the growing flexographic market, and expansion of Pamarco’s portfolio of technologies. We look forward to strengthening our position as the trusted supplier to our customers by providing value added products and services to both new and existing customers globally.”