The acquisition of the business formerly known as Remy Adhesives in Wijgmaal (Belgium), will bring significant synergies to Paramelt’s water based adhesives activities in Veendam, The Netherlands.
Besides strengthening Paramelt’s current position in packaging adhesives, the acquired product ranges are largely complementary and provide Paramelt Veendam with a strong position in the European labelling market, the company said.
The Beneo-Bio Based Chemical labelling adhesives have a well established reputation and are sold under the brands Latyl and Multicollac.
The acquired range consists of casein, hybrid, synthetic as well as starch based adhesives. Combined with Paramelt’s Plastomelt and Excelta packaging hotmelts and its Plastoflex pressure sensitive hotmelts, the company offers a complete range of products for the labelling customers.
Source: Paramelt
© FoodBev Media Ltd 2024