Pamarco Global Graphics, Inc. (“Pamarco”), a leading provider of proven technology solutions for the global packaging, industrial coatings, commercial printing, and original equipment manufacturing industries, is pleased to announce the further expansion of its European presence through the acquisition of TLS Anilox GmbH and TLS Invest GmbH (together “TLS”), a leading provider of anilox rolls and related equipment headquartered in Salzkotten, Germany.
“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, TLS CEO and Founder/President of TeroLab Surface Holding SA. “As family- owned entrepreneurial companies with strong human 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.
Pamarco President John Burgess, opining on the rationale for the transaction, noted “For Pamarco 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 & 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 of Pamarco, added, “We are extremely excited to welcome TLS, its employees, and its customers to the Pamarco family. The TLS deal exemplifies Pamarco’s acquisition strategy – growth of Pamarco’s global footprint, the addition of blue-chip clients in the growing flexographic end market, and expansion of Pamarco’s portfolio of leading 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.
Mazzone & Associates acted as investment banking advisor to Pamarco, with Rödl & Partner acting as legal advisor. Gleiss Lutz acted as legal advisor to TLS.
Terms of the transaction were not disclosed.
ABOUT TLS
Since 2009, TLS has provided high-quality, innovative anilox rolls and anilox roll sleeves with solutions in the printing and coating industry that are customized for the customer. TLS experts have developed an extensive range of individual laser engravings that are designed to meet even the most demanding requirements of modern flexographic printing: high-quality solid surfaces, fine lettering, reverse texts, opaque white, multi-color printing with low color gamut, etc. TLS aims to continuously push the limits in engraving technology.
ABOUT PAMARCO
Founded in 1946, Pamarco is a leading provider of proven technology solutions for the global printing, packaging, and converting industries. Pamarco designs, manufactures, and distributes a broad portfolio of aftermarket products that includes anilox and gravure rollers, carbon fiber chambered doctor blades, and precision equipment and accessories for print systems. Pamarco services a variety of growing markets, including global packaging, industrial coatings, commercial printing and OEMs in North America, Europe, and other global regions using its leading brand names and multiple channels to market. Pamarco’s established premium brands, including E-Flo and ThermaFlo anilox rolls, Absolute doctor blades, and Sentinel ink management systems, represent the industry standard in quality, efficiency, and precision. For more information, please visit www.pamarco.com.