MARVACO CONTINUES EXPANDING IN SWEDEN AND INVESTS IN GROWTH IN THE NORDIC COUNTRIES

27.02.2015

FlexoPartner, operating in Sunne and in Örebro in Sweden, is a packaging repro house and manufacturer of flexo printing plates with a high level of competence and service. The company employs 13 people and celebrated its 20th anniversary in the autumn of 2014. The company’s turnover is EUR 2.0 million and its operations are profitable. As a result of the acquisition, FlexoPartner AB will be a subsidiary of Marvaco AB, starting from 1 March 2015. The previous owners and employees will participate in developing the company’s operations. The company’s CEO, Leif Backman, will continue to manage FlexoPartner AB. Mats Lind will continue as the CEO of Marvaco AB and will be responsible for the group’s operations in Sweden.

“Marvaco is an esteemed and award-winning company and the industry’s leader in quality that we know since many years. I believe that joining Marvaco offers us an opportunity to grow and refine our operations in Sweden as well,” Leif Backman says.

“Our desire and need to better serve the brand and printing clients operating in the packaging industry in the Nordic region as well as the capacity increase is our reason for the investments. The acquisition strengthens Marvaco’s operations in Sweden, especially in the corrugated board industry and laser engraving. What FlexoPartner and Marvaco have in common is the leading quality in the industry and successful client co-operation,” notes Kai Lankinen, CEO of Marvaco.

Herkko Mali, Brand Sales Director of Marvaco, is also happy with the growth of the company’s resources and ability to respond to big scale packaging artwork production challenges internationally. Marvaco’s services for brands have been well-received, and more and more collaboration partners are utilising Marvaco’s services in the Nordic countries more extensively than ever before.

Mats Lind, the Managing Director in Sweden, is pleased that the acquisition and the increase in capacity supports and strengthens Marvaco’s operations. When two companies sharing a long history joins forces, it allows the group to offer sufficient capacity and high quality of services for all of the Nordic packaging industry.

“The company has extensive resources for artwork production, modern Full HD equipment in flexo plate production, and competent technical customer service.  The acquisition increases our development resources, and the co-operation between teams both expands our views and speeds up our reaction time to the service needs of clients,” Marko Valkamo, Production and Development Director of Marvaco, adds.

Early in the year, the company has invested in doubling the production capacity for printing plates in Finland and in Sweden, which also strengthens the company’s position as the leading printing surface manufacturer for the entire packaging industry in the Nordics. Marvaco is also hiring new staff and investing in production in both countries.

Marvaco Oy (www.marvaco.fi) is the leading Nordic company specialising in packaging artwork production and the manufacturing of printing plates. The company operates in six locations in Finland and in Sweden.  Marvaco has over 80 repro professionals processing approximately 25,000 packaging materials every year, and the sales volume for the group’s companies is EUR 10.5 million. Marvaco is owned by its operating management, key persons, and Canelco Capital, a capital investor (www.canelco.fi).

INQUIRIES:

Kai Lankinen, Marvaco Oy, CEO, tel. +358 50 427 7616, kai.lankinen@marvaco.fi and the company’s website at www.marvaco.fi

Jouko Pelkonen, Chair of the Board, tel. +358 40 556 2387 jouko.pelkonen@canelco.fi

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