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Corporate Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

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NewsEnd UserACG strengthens its position with the acquisition of Technical Aluminium Foil Company
17 AUGUST 2023AlCircle.com

ACG strengthens its position with the acquisition of Technical Aluminium Foil Company

Edited by : Ishita Ganguly
2 min read
ACG strengthens its position with the acquisition of Technical Aluminium Foil Company

ACG, a global leader in integrated pharmaceutical manufacturing solutions headquartered in Mumbai, India, has recently acquired full shareholding ownership of Technical Aluminium Foil Company LLC (TAFC UAE), solidifying its expansion strategy in the Middle Eastern and African markets.

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aluminium foil

Expressing enthusiasm for this milestone, the CEO of ACG Films & Foils, Shivshankar SR, said, "We are excited to be making our first acquisition in the UAE. This strategic collaboration will further support our work in bringing innovative and high-quality packaging products to market while reducing lead times and improving service levels. By joining forces, the companies will be able to leverage their combined strengths and expertise to propel the business forward in the Middle Eastern and African markets."

ACG's portfolio encompasses an array of products, such as capsules, films, foils, engineering equipment, and inspection systems. This strategic acquisition of TAFC, a prominent aluminium foil packaging company in the UAE, further reinforces ACG's stature as a premier provider of comprehensive packaging solutions.

With over a decade of experience, TAFC has emerged as a trusted partner serving the pharmaceutical and food industries. The company is renowned for its extensive range of aluminium and speciality packaging foils, recognized for their exceptional high barrier properties. TAFC's proficiency in lacquering, lamination, printing, and slitting augments ACG's capabilities, enabling it to meet the diverse packaging needs of its clients.

This strategic acquisition signifies ACG's commitment to enhancing its market presence and offering cutting-edge packaging solutions tailored to the specific demands of the Middle Eastern and African regions. As ACG continues to establish itself as an industry leader, the integration of TAFC's expertise promises to drive innovation, efficiency, and customer satisfaction to new heights.

If you want to know more about the Green Initiatives in the Aluminium Industry, read AL Circle's e-Magazine.

Tagged with:AluminiumAluminium foilMerger and acquisitionMiddle east and africa

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