European graphics supplies company Orafol has expanded its Australian presence with a series of strategic acquisitions, in Melbourne, Perth and Adelaide.
These three locations will be the sole suppliers of Orafol products, servicing the reflective and graphic markets within their states.
The acquisitions have been completed and product lines are available for immediate purchase.
Orafol recently opened a brand new 4000sqm purpose built Australian head office and distribution centre in the Gold Coast. It has been in Australia for 25 years.
[Related: JP buys 51% of BJ Ball and Doggett for $75m]
Geoff Brummer, managing director of Orafol Australia says, “We are confident that this step will greatly increase market presence, customer service, and customer satisfaction.”
Dr Holger Loclair, managing director of Orafol Europe says, “The focus on the Australian market is part of a consistent strategy aimed at dynamic growth, innovative products, and a dedication to customer needs; which in turn has become the basis of Orafol’s continued success. We will continue to look for opportunities to increase our global presence either through acquisition or expansion.”
As part of the Orafol Group, Orafol Australia will continue to refine and grow its current strategy and will act as full-range supplier in the Australian market. The Orafol Group is a leading manufacturer of graphic products, reflective materials and adhesive Tapes. Its headquarters are in Oranienburg, Germany.
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at [email protected]
Sign up to the Sprinter newsletter