Fedrigoni to Buy Istanbul-based PVC Self-Adhesives Manufacturer
The Fedrigoni Group recently announced an agreement to acquire Istanbul-based UNIFOL. Fedrigoni reports that UNIFOL is the only PVC self-adhesives manufacturer in Turkey.
Founded in 1994 by its current owners, UNIFOL has approximately eighty employees and specializes in PVC CAST technology for vehicle wrapping with its UNICAST brand. Its film materials are used to protect the body of a vehicle, change a vehicle’s color, or apply graphics. This acquisition presents an opportunity for Fedrigoni’s self-adhesives division – already present in the world of graphics and visual communication solutions – to enrich its offering.
“UNIFOL is an extremely interesting technological player for us, because it has developed innovative, resistant, long-lasting self-adhesives that can be used for 3D applications on large surfaces,” said Fedrigoni Group CEO Marco Nespolo. “This acquisition will allow us to make our offer more attractive and to continue our strategy to expand into promising segment, adjacent to those we are already present in, as we have previously done with our entry in the smart labels sector with the acquisition of the French company Tageos.”
“We are greatly satisfied with this operation that allows us to expand our portfolio of solutions in the graphics and visual communication sector,” said Fulvio Capussotti, executive vice president of Fedrigoni’s Self-Adhesives division. “The combination of the UNIFOL technology and the global geographic presence of Fedrigoni will allow us to be ever more competitive in a rapidly growing niche market in Europe and throughout the world.”
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