Constantia Flexibles Acquires Pemara Labels Group

VIENNA, AUSTRIA | Constantia Flexibles Group continues to strengthen its position in the Southeast Asia labels market by acquiring the Australian company Pemara Labels Group. The parties agreed not to disclose any financial details and the transaction is expected to close in the next few months.

Melbourne-based Pemara was founded in 1966 and produces pressure-sensitive labels), in-mold labels, and Fix-a-Form leaflet-labels. It is also a provider of digital print solutions. Pemara supplies to leading national and multinational companies from the consumer goods (FMCG), pharmaceutical, as well as food and beverage sectors across the Asia Pacific region.

”With its excellent managerial experience, leading technology, and more than 20 years of experience in Asia, Pemara is a great addition to Constantia Flexibles,” says Mike Henry, executive VP and head of Constantia’s Labels division. “We can expand our regional footprint and thus support our multinational customers with their global expansion. In addition, we increase our position in the home and personal care (HPC) market.”

Privately owned Pemara achieved sales of approximately 30 million euros in the financial year ended June 2015 and currently employs more than 300. It operates four plants in Australia, Malaysia, Vietnam, and Indonesia, along with sales offices in Sydney, Australia, and Manila, Philippines.

“Pemara is delighted to be joining Constantia Flexibles,” says Andrew McNamara, group managing director of Pemara. “We have been searching for a strong global partner, and believe we have found a great match with Constantia Flexibles’ Labels division. We are particularly pleased that the staff and management are continuing with the business to become part of this global packaging group. We see a stronger future, when considering the many synergies we will realize with Constantia Flexibles’ Labels division.”

Pemara is Constantia Flexibles’ second acquisition in 2015 following the acquisition of Afripack in South Africa, which is expected to close in the coming weeks.

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