Enter Joint Venture
Global Life Science artwork solutions provider Perigord and the Faller Group have entered a joint venture, with Perigord acquiring a majority stake in August Faller Artwork Solutions (AFAS) GmbH. Perigord – headquartered in Dublin, Ireland – is the market leader in providing artwork management services to the Life Science Industry.
This joint venture complements and enhances both Perigord and AFAS’s overall market offerings. The companies’ joint product portfolio of packaging/labelling artwork management services, outsourced solutions and dedicated digital applications has been designed specifically to deliver greater customer value and increased speed to market for clients.
Both Perigord and Faller had been looking to expand in the DACH region for some time but had been waiting for the right opportunity to arise. The cultural and quality alignment of Perigord and Faller has been key in achieving this goal.
Alan Leamy, CEO, Perigord: “We had been looking to expand our European footprint to further support our global client base. With sites already in the US, Ireland and Asia the acquisition of AFAS and the partnership with the Faller Group gives us a central European base that greatly enhances our ability to offer local market support to our clients. Additionally, and importantly, it provides us with a platform to grow our business and market share in the DACH region, a major hub for large European Life Science companies.”